S&P gives AA- to Integris hospital bonds

Standard & Poor's said it assigned an AA- long-term rating to Oklahoma Development Finance Authority's $122.095 million series 2008C fixed-rate bonds issued for Integris Baptist Medical Center Obligated Group.

The bonds are dated July 30, 2008 and are due Aug. 15, 2029.

Proceeds will be used to refund the center's series 1999B bonds.

S&P also affirmed its AA- rating on debt previously issued by the authority for Integris. The outlook is stable.

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