Standard&Poor's Ratings Services assigned its 'A-1+' short-term rating to Merrill Lynch&Co. Inc.'s term tender custodial receipt: $14.63 million series 2008J, related to California Statewide Communities Development Authority's series 2004A variable-rate revenue bonds; $60.33 million series 2008L, related to Franklin County, Ohio's series 2003C-2 variable-rate revenue bonds; $59.00 million series 2008N, related to Franklin County, Ohio's series 2005B variable-rate revenue bonds; $31.55 million series 2008P, related to Indiana Health and Educational Facility Financing Authority's series 2005I variable-rate revenue bonds; issued for Trinity Health, Mich. The 'A-1+' rating reflects Trinity Health's commitment to use its own liquidity, if necessary, to support expected irrevocable, unconditional tender offers of the underlying bonds: on Nov. 19, 2008, for the bonds related
