Standard&Poor's Ratings Services raised its standard long-term rating and underlying rating (SPUR) on Trinity Health, Mich.'s various series bonds, issued by various issuers, to 'AA' from 'AA-', and where applicable to 'AA/A-1+' from 'AA-/A-1+'. The rating upgrade reflects Trinity Health's sound governance and management, rising patient utilization trend, and very strong financial performance and debt service coverage. In addition, Standard&Poor's assigned its 'A-1+' rating to Trinity Health's $150 million taxable commercial paper program that is authorized in the amount of $400 million. The raised rating affects about $2.1 billion of rated debt. Trinity Health has eliminated an earlier credit concern regarding the under funding of its pension and health benefits programs, having nearly fully funded the
