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Published on 6/2/2008 in the Prospect News Municipals Daily.

S&P assigns St. Luke's Hospital, Pa., bonds BBB+

Standard & Poor's said it assigned its BBB+ rating on Lehigh County General Purpose Authority, Pa.'s $175 million series 2008 bonds issued for St. Luke's Hospital and Health Network.

The $175 million of bonds are due on Aug. 15, 2041.

In addition, S&P said it affirmed its BBB+ rating on the series 2007 bonds.

The outlook is stable.


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