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S&P rates MultiCare Health, Wash., bonds AAA/A-1+
Standard & Poor's said it assigned AAA/A-1+ ratings to MultiCare Health System, Wash.'s $100 million series 2008A and 2008B hospital revenue bonds, which were issued through the Washington Health Care Facilities Authority.
The outlook is stable.
The agency said the AAA long-term rating is based on a bond insurance policy provided by Assured Guaranty, and the A-1+ short-term rating is based on standby bond purchase agreements provided by Wells Fargo Bank.
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