NEW YORK (Standard&Poor's) Dec. 1, 2009--Standard&Poor's Ratings Services today lowered its rating on Rhode Island Health&Educational Building Corp.'s $11.75 million health facilities revenue bonds series 2002 (for the Jewish Seniors Agency of Rhode Island project) due Oct. 1, 2032, to 'AA/A-1+' from 'AAA/A-1+'. The 'AA' long-term component of our rating on the bonds is based on the higher of our long-term issuer credit ratings on Banco Santander S.A. ('AA') and Sovereign Bank ('A'), and addresses the full and timely payment of the bonds' regularly scheduled interest and principal according to the transaction's terms. The 'A-1+' short-term component of our rating on the bonds is based on the higher of our short-term issuer credit ratings
