Summary: Indiana Finance Authority Parkview Health System Obligated Group; Joint Criteria

Standard&Poor's Ratings Services confirmed its ratings on Indiana Finance Authority's series 2009B and D variable-rate demand hospital bonds issued for Parkview Health System Obligated Group, due to the bank facility being extended to Aug. 6, 2017. The long-term rating component of the dual ratings is jointly based on the ratings on the obligor, Parkview Health System Obligated Group, and the letter of credit provider, Wells Fargo Bank N.A., assuming low correlation. The short-term component of the dual ratings is based solely on the letter of credit provider, Wells Fargo Bank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015 USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007 Criteria: Joint

...Standard & Poor's Ratings Services confirmed its ratings on Indiana Finance Authority's series 2009B and D variable-rate demand hospital bonds issued for Parkview Health System Obligated Group, due to the bank facility being extended to Aug. 6, 2017. The long-term rating component of the dual ratings is jointly based on the ratings on the obligor, Parkview Health System Obligated Group, and the letter of credit provider, Wells Fargo Bank N.A., assuming low correlation. The short-term component of the dual ratings is based solely on the letter of credit provider, Wells Fargo Bank N.A....

Summary