Northwestern Memorial Hospital, IL's Series 2008A And 2008B Bonds Rated 'AA+/A-1+' Jan 09

Standard & Poors, January 2009

Abstract
NEW YORK (Standard & Poor's) Jan. 7, 2009--Standard & Poor's Ratings Services assigned its 'AA+/A-1+' dual rating to Illinois Finance Authority $207.36 million series 2008A and 2008B variable-rate demand hospital revenue bonds, issued for Northwestern Memorial Hospital (NMH), composed of the following subseries: $51.84 million series 2008A-1; $51.84 million series 2008A-2; $51.84 million series 2008B-1, and $51.84 million series 2008B-2. Standard & Poor's also affirmed its 'AA+' long-term rating and 'AA+/A-1+' dual ratings on various series of bonds issued by the finance authority and Illinois Health Facilities Authority for NMH. The 'AA+' long-term rating reflects NMH's outstanding governance and management, which includes the numerous benefits realized through affiliations with all Northwestern-related entities including the Northwestern University's Feinberg School of Medicine;...

Companies mentioned in this report are:
- Northwestern Mem Hosp
- Illinois Hlth Fac Auth
- Illinois Fin Auth

Action: New Rating
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

- Northwestern Mem Hosp
- Illinois Hlth Fac Auth
- Illinois Fin Auth

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