NEW YORK (Standard&Poor's CreditWire) March 8, 1999-- Standard&Poor's today lowered its long-term ratings on 15 Toronto Dominion Bank LOC-backed municipal issues and removed the ratings from CreditWatch, where they were placed May 7, 1998. This action follows the March 1, 1999 lowering of The Toronto Dominion Bank's long-term rating to double-'A'-minus from double-'A', the affirmation of its 'A-1'-plus short-term rating, and the company's subsequent removal from CreditWatch, Standard&Poor's said. – CreditWire RATINGS LOWERED AND REMOVED FROM CREDITWATCH Rating To From California Health Facilities Finance Authority (Adventist Health System West Sutter Health Revolving Loan Program) $59.8 million bonds series 1991A and B AA-/A-1+ AA/A-1+ Cleveland, Ohio $72.80 million subordinated income tax refunding variable-rate demand bonds
