Standard & Poor's Ratings Services affirmed its 'AAA/A-1+' rating on Miami Dade County Health Facility Authority, Fla.'s (Miami Children's Hospital) hospital variable-rate demand obligation bonds series 2006B1 and 2006B2, due to the bank facility being extended to Dec. 22, 2015. The long-term component of the rating is based jointly (assuming low correlation) on the ratings on the obligor, Miami Children's Hospital, and the letter of credit provider, Wells Fargo Bank, N.A. The short-term component of the rating is based solely on the rating on Wells Fargo Bank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009 USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007 Criteria: Joint Support Criteria Update, April 22,...
Companies mentioned in this report are: Miami Children's Hosp,Miami Dade Cnty Hlth Fac Auth
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