Standard&Poor's Ratings Services confirmed its 'AAA/A-1+' rating on North Carolina Medical Care Commission's series 2003A and 2003B hospital variable-rate demand revenue bonds, issued for CaroMont Health, due to the bank facility being extended to Aug. 1, 2017. The long-term component of the rating is based jointly (assuming low correlation) on the ratings on the obligor, CaroMont Health, and the letter of credit provider, Wells Fargo Bank N.A. The short-term component of the rating is based solely on the rating on Wells Fargo Bank N.A. USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007 Criteria: Joint Support Criteria Update, April 22, 2009 Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015
