Summary: California Statewide Communities Development Authority Sharp Healthcare; Letter of Credit Dec 08

Standard & Poors, December 2008

Abstract
Standard & Poor's Ratings Services affirmed its 'AA/A-1+' rating on California Statewide Communities Development Authority's (Sharp Healthcare) hospital variable-rate demand obligation series 2007B due to the bank facility being extended to April 1, 2010. The long-term and short-term components of the rating are based on Citibank N.A....

Companies mentioned in this report are:
- Sharp Healthcare
- California Statewide Communities Dev Auth

Action: Affirmed

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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.

- Sharp Healthcare
- California Statewide Communities Dev Auth

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