Standard&Poor's Ratings Services confirmed its 'AAA/A-1+' rating on Illinois Finance Authority's (Carle Foundation) series 2009B and 2009C hospital variable-rate demand bonds, due to the bank facility being extended to March 18, 2019. The long-term component of the rating is based jointly (assuming low correlation) on the ratings on the obligor, Carle Foundation, and the letter of credit provider, The Northern Trust Co. The short-term component of the rating is based solely on the rating on The Northern Trust Co. USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007 Criteria: Joint Support Criteria Update, April 22, 2009 Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015
