Standard&Poor's Ratings Services assigned its 'AAA/A-1+' rating to Washington Health Care Facilities Authority's (Fred Hutchinson Cancer Research Center) revenue bonds series 2001. The 'AAA' rating is based on joint criteria assuming low correlation where the Standard&Poor's underlying rating (SPUR) is rated (A/Stable) and the long-term component of the rating on the letter of credit (LOC) provided by Bank of America N.A. is rated 'AA/Watch Neg'. Although Bank of America's 'AA' rating is currently on CreditWatch with negative implications, the magnitude of a possible future downgrade is not expected to impact the joint product rating. Therefore, the joint rating of 'AAA' is not placed on CreditWatch with negative implications. The bonds continue to be supported by a
