Standard&Poor's Ratings Services confirmed its 'AA-/A-1+' rating on Colorado Educational&Cultural Facilities Authority's (Bethany Lutheran School) series 2008 adjustable-rate demand revenue bonds, due to the bank facility being extended to Oct. 15, 2016. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, U.S. Bank National Assn. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009