Standard&Poor's Ratings Services affirmed its 'A-' long-term rating and underlying rating (SPUR) on the Illinois Finance Authority's series 2008A, 2008B, 2008C, and 2008D bonds, issued for Children's Memorial Hospital (CMH). Assured Guaranty Ltd. insures the series 2008A bonds. The outlook on all ratings is stable. Standard&Poor's also affirmed its 'AAA/A-1+' rating on the series 2008C and 2008D bonds. The 'AAA' long-term component of the rating is jointly based on CMH (A-/Stable) and a letter of credit (LOC) provided by JPMorgan Chase Bank N.A. (AA-/A-1+). The 'A-1+' short-term component of the rating is based on the LOC provided by JPMorgan Chase Bank. The LOC is scheduled to expire on Dec. 31, 2014, unless terminated earlier pursuant to
