Fitch gives underlying AA to Maine facilities bonds

Fitch Ratings said it assigned an underlying AA rating to Maine Health and Higher Educational Facilities Authority's $29.7 million of revenue bonds, series 2008A, and $104.5 million of revenue bonds, series 2008B.

In addition, Fitch said it affirmed the AA underlying rating on at least $1.4 billion of the authority's outstanding reserve fund resolution bonds.

The outlook is stable.

The series 2008A bonds are scheduled to sell by negotiation on May 15 and the series 2008B bonds are expected to be sold through negotiation on June 16.

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