S&P rates Kaiser Permanente, Calif., bonds A+/A-1

Standard & Poor's said it assigned an A+/A-1 rating to California Statewide Communities Development Authority's $500 million of revenue bonds, series 2008A, B and C, issued on behalf of Kaiser Permanente.

At the same time, S&P said it affirmed the A+ and A+/A-1 ratings on Kaiser's roughly $4.1 billion of outstanding bonds in various issues.

The outlook is stable.

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