The long-term rating component on the Vermont Education and Health Buildings Financing Agency's hospital revenue bonds series 2000B, issued for Fletcher Allen Health Care Inc., is based on a bond insurance policy provided by Ambac Assurance Corp.. The short-term rating component is based on a liquidity facility provided by Chase Manhattan Bank. The liquidity facility, a standby bond purchase agreement, covers the purchase price of unremarketed tendered bonds and expires on March 29, 2003, unless extended or earlier terminated according to its terms. Bond proceeds will be used to acquire, construct, and equip several facilities on two Fletcher Allen Health Care campuses in Burlington, Vt. and Colchester, Vt. The bonds will initially bear interest at a weekly rate and will
