Standard&Poor's Ratings Services assigned its 'AAA/A-1+' rating to Illinois Finance Authority's (Children's Memorial Hospital) revenue bonds series 2008C and 2008D. The 'AAA' rating is based on the application of Standard&Poor's joint criteria assuming low correlation. The long-term component of the rating is jointly based on Children's Memorial Hospital (A-/Stable) and a LOC provided by JPMorgan Chase Bank N.A. (AA/A-1+). The short-term component of the rating is based on the LOC provided by JPMorgan Chase Bank N.A. (A-1+). The LOC is scheduled to expire on May 14, 2013, unless terminated earlier pursuant to its terms. The LOC covers the purchase price of tendered but unremarketed bonds, as well as principal of and up to 42 days' interest
