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Published on 7/28/2008 in the Prospect News Municipals Daily.

S&P rates OhioHealth bonds AA/A-1+

Standard & Poor's said it assigned an AA/A-1+ rating to Franklin County, Ohio's $187.33 million series 2008 hospital facilities refunding revenue bonds issued for OhioHealth.

The bonds are due Nov. 15, 2033.

The short-term rating is based on a standby bond purchase agreement provided by JPMorgan Chase Bank NA.

S&P also affirmed its AA long-term rating on the county's previously issued debt for OhioHealth. The outlook is stable.


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