Standard&Poor's Ratings Services assigned its 'A+' standard long-term rating to Louisiana Public Facilities Authority's $79 million series 2005A fixed-rate bonds, $50 million series 2005B auction-rate securities, $50 million series 2005C auction-rate securities, and $89.9 million series 2005D advanced refunding bonds, issued for Franciscan Missionaries of Our Lady Health System Inc. (FMOLHS), a four-hospital system in Louisiana. In addition, Standard&Poor's affirmed its 'A+' underlying rating (SPUR) on FMOLHS' $273.5 million outstanding bonds. The outlook is stable. The series 2005D bonds will be insured by MBIA, at which time the standard long-term rating will be converted to a SPUR. After initially deciding to delay the sale of the series 2005 bonds to later this year, management has decided
