Standard&Poor's affirmed its 'AA/A-1+' rating on University of Pittsburgh, Pa.'s university capital project and refunding adjustable-rate bonds series 2000B and 2000C due to the bank facility being extended to Aug. 29, 2009. The long-term component of the rating is based on the obligor. The short-term component of the rating is based on Lloyds TSB Bank PLC.