Summary: Indiana Finance Authority Indiana University Health Obligated Group; Joint Criteria; System Apr 11

Standard & Poors, April 2011

Abstract
Standard & Poor's Ratings Services revised its rating outlook to positive from stable on the Indiana Finance Authority's (IFA) revenue bonds, series 2003E, 2003G, 2005A-D, and 2008A-D, and on the Indiana Health and Educational Facility Financing Authority's (IHEFFA) series 2000A and 2006A-B bonds, all issued on behalf of the Indiana University Health Obligated Group (IU Health; formerly known as Clarian Health Obligated Group). At the same time, Standard & Poor's affirmed its 'A+' long-term rating and underlying rating (SPUR) on the bonds. Standard & Poor's also assigned its 'A+' SPUR to IFA's series 2011A-E bonds, its 'AAA/A-1+' rating to IFA's series 2011A, 2011C, and 2011D bonds, and its 'AAA/A-1' rating to IFA's series 2011B and 2011E bonds, issued on behalf...

Companies mentioned in this report are: Indiana Univ Hlth Oblig Grp,Indiana Hlth & Educl Fac Fincg Auth,Indiana Fin Auth
Action: Affirmed
Action: New Rating
Action: Outlook: Positive

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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

Indiana Univ Hlth Oblig Grp,Indiana Hlth & Educl Fac Fincg Auth,Indiana Fin Auth

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