Standard&Poor's Ratings Services assigned its 'AA-' rating to Trinity Health, Mich.'s $43.42 million health revenue refunding bonds series 2005A, issued by Franklin County, Ohio, and $42.42 million health revenue refunding bonds series 2005D, issued by Michigan State Hospital Finance Authority. At the same time, Standard&Poor's affirmed its 'AA-' and 'AA-/A-1+' ratings and underlying ratings (SPURs) on roughly $1.8 billion of outstanding debt issued by various entities on behalf of Trinity Health. Standard&Poor's also affirmed its 'A-1+' short-term rating on Trinity's $150 million of previously issued CP notes, of which $20 million is currently outstanding. It is expected that Trinity Health will soon issue roughly $300 million of various series of bonds, which will most
