Standard&Poor's Ratings Services assigned its 'AA-/A-1+' rating to the Michigan State Hospital Finance Authority's variable-rate revenue bonds, series 2005E and 2005F, issued for Trinity Health, Mich. The 'AA-' long-term component of the rating is based on the rating for Trinity Health ('AA-'). The 'A-1+' short-term component of the rating on the series 2005E bonds is based on a standby bond purchase agreement (SBPA) provided by Bank of Nova Scotia ('AA-/A-1+'); the short-term component of the rating on the series 2005F bonds is based on the SBPA provided by the Bank of America ('AA/A-1+'). On Oct. 24, 2005 and Nov. 3, 2005, Standard&Poor's also assigned its 'AA-' and 'AA-/A-1+' ratings and underlying ratings (SPURs) to a number
