Standard&Poor's Ratings Services revised the rating outlook to stable from negative on Louisiana Public Facilities Authority's bonds issued for Franciscan Missionaries of Our Lady Health System (FMOLHS). The outlook revision is based on the improvement in hospital system's operating and balance sheet metrics through the first nine months of fiscal 2010, which management expects will continue through the rest of this fiscal year and into fiscal 2011. At the same time, Standard&Poor's affirmed its 'A+' long-term rating and underlying rating (SPUR) on the system's $125 million series 2009, $80 million series 2005A, $50 million series 2005C, and $35.3 million 1998B bonds, and its 'A+' SPUR on FMOLHS' $72.56 million Assured Guaranty-insured series 1998A fixed-rate bonds. Standard
