DALLAS (Standard&Poor's) May 22, 2009--Standard&Poor's Ratings Services revised its rating outlook on Louisiana Public Facilities Authority's debt issued for Franciscan Missionaries Of Our Lady Health System Inc. (FMOLHS), to negative from stable. The outlook revision is based on the hospital system's more constrained balance sheet due to the proposed incremental debt, unrealized investment losses, and due to FMOLHS's slightly weaker operating performance for the nine-months, year to date ended March 31. Standard&Poor's also assigned its 'A+' long-term rating to the authority's $150 million series 2009 fixed-rate bonds issued for FMOLHS. FMOLHS is issuing series 2009 bonds to fund construction of a replacement hospital for the Our Lady of Lourdes Regional Medical Center (Lourdes) in
