Fitch rates Children's Memorial, Ill., bonds AA-

Fitch Ratings said it assigned an AA- rating to the Illinois Finance Authority's expected issuance of about $170 million of revenue bonds, series 2008B, (Children's Memorial Hospital).

In addition, Fitch said it assigned AA- underlying ratings to the authority's approximately $210 million of revenue bonds, series 2008A, and $175.1 million of variable-rate demand refunding revenue bonds, series 2008C/D, issued on behalf of Children's Memorial.

Fitch also said it affirmed the underlying AA- ratings on the hospital's $187 million of outstanding bonds.

The outlook is stable.

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