DALLAS (Standard&Poor's) July 29, 2010--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). 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&Poor's also affirmed its 'AAA/A-1+' long- and short-term ratings on the system's $185.51 million in 2005B, 2005D, and 2008A series bonds, based on the low-correlation joint support provided by irrevocable direct-pay letters of
