CHICAGO (Standard&Poor's) July 28, 2009--Standard&Poor's Ratings Services assigned its 'A+' long-term rating and 'A+' underlying ratings (SPURs) to Indiana Finance Authority's $487.460 million series 2009A, 2009B, 2009C, and 2009D bonds, issued for Parkview Health System Obligated Group. At the same time, Standard&Poor's affirmed its 'A+' ratings on the authority's previously issued debt for the group. The rating reflects Parkview's strong levels of liquidity on a days' cash-on-hand basis and a good level relative to pro forma debt and good pro forma maximum annual debt service coverage of 2.5x as of May 31, 2009. In addition, the rating is based on Parkview's location in an increasingly competitive market, which has led the system to strategically
