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Saint Luke's Health System, Mo., bonds rated A+ by S&P
Standard & Poor's said it assigned an A+ underlying rating to Missouri Health and Education Facilities Authority's $140 million series 2008 variable-rate demand revenue bonds issued for Saint Luke's Health System Inc.
The series 2008 bonds will be enhanced by a Bank of America direct-pay letter of credit.
S&P also affirmed its A+ underlying rating on the authority's $308.48 million revenue bonds from series 2003A, 2003B, 2004, 2005A, and 2005B.
The outlook is stable.
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