Standard&Poor's Ratings Services assigned its 'A-1+' short-term rating to Merrill Lynch&Co. Inc.'s term tender custodial receipt: $15.88 million series 2008O, related to Iowa Finance Authority's series 2005C variable-rate revenue bonds,; $13.35 million series 2008Q, related to Iowa Finance Authority's series 2003D variable-rate revenue bonds, and $17.55 million series 2008R, related to Iowa Finance Authority's series 2003E variable-rate revenue bonds. All series are being 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. 26, 2008, for the bonds related to the 2008O custodial receipts; on Nov. 26, 2008 for the bonds related to the
