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S&P rates Integris Baptist Medical, Okla., bonds AA-
Standard & Poor's said it assigned an AA- long-term rating to Oklahoma Development Finance Authority's $101.46 million of series 2008A bonds issued for Integris Baptist Medical Center obligated group.
The issue includes $50.73 million of series 2008A-1 and $50.73 million of series 2008A-2.
Series 2008A will be insured by Assured Guaranty and supported by a standby bond purchase agreement from JPMorgan Chase NA.
S&P also said it affirmed the AA- long-term rating on $152.25 million of series 2007A bonds.
The outlook is stable.
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