Standard&Poor's Ratings Services confirmed its 'AAA/A-1+' rating on Illinois Finance Authority's series 2009C hospital bonds, due to the bank facility being extended to Oct. 2, 2017. The long-term rating is jointly based on the rating of the obligor, OSF Healthcare System and the letter of credit provider, Wells Fargo Bank N.A. assuming low correlation. The short-term component of the rating is based solely on the letter of credit provider, Wells Fargo Bank. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009 USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007 Criteria: Joint Support Criteria Update, April 22, 2009
