Standard&Poor's Rating Services affirmed its 'AA+/A-1' rating on Citigroup Global Markets Reset Option Certificates Trust II-R's series 11160 reset option certificates (ROCs) and reset option longs (ROLs), relating to Ascension Health Alliance's revenue bonds. The affirmation reflects an extension of the scheduled bond liquidation date. The long-term component of the ratings on the ROCs and ROLs is based on the rating on the underlying bonds. The short-term component of the rating on the ROCs is based on a liquidity facility provided by Citibank N.A. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement mechanisms
