Standard&Poor's Ratings Services confirmed its ratings on Ohio Higher Education Facility Commission's debt due to the bank facility being extended to Jan. 1, 2017. The long-term component of the rating is based on the obligor, Case Western Reserve University, Ohio. The short-term component of the rating reflects the liquidity provider, PNC Bank N.A. USPF Criteria: Bank Liquidity Facilities, June 22, 2007