The rating on Connecticut Health and Educational Facilities Authority's variable-rate demand bonds series A has been affirmed subsequent to the bank facility being extended to Oct. 30, 2008. The long-term and short-term components of the rating are based on the credit quality of Citizens Bank of Rhode Island. Complete ratings information is available to subscribers of RatingsDirect, Standard&Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard&Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Find Ratings, then Credit Ratings Search.
