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S&P rates Illinois Children's Memorial Hospital bonds AAA/A-1+
Standard & Poor's said it assigned an AAA/A-1+ rating to Illinois Finance Authority's Children's Memorial Hospital $175.879 million revenue bonds, series 2008C and 2008D, due Aug. 15, 2025.
The outlook is stable.
The long-term component of the rating is jointly based on Children's Memorial Hospital (A-/stable) and a line of credit due May 14, 2013 provided by JPMorgan Chase Bank NA (AA/A-1+).
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