DALLAS (Standard&Poor's) June 11, 2013--Standard&Poor's Ratings Services assigned its 'BBB-' long-term rating to the Foothill-Eastern Transportation Corridor Agency (F/ETCA or agency), Calif.'s approximately $1.43 billion series 2013A toll road refunding revenue bonds, $650 million series 2013C toll road refunding revenue bonds, and $607 million series 2013D forward delivery toll road refunding revenue bonds. In addition Standard&Poor's assigned its 'BB+' long-term rating to the agency's approximately $207 million series 2013B junior lien toll road refunding revenue bonds. At the same time, Standard&Poor's affirmed its 'BBB-' long-term and underlying ratings (SPUR) on the agency's existing toll road revenue bonds. The outlook on all ratings is stable. "In our opinion, specific credit risks include the
