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S&P rates Gundersen Lutheran, Wis., bonds AAA/A-1+
Standard & Poor's said it assigned its AAA/A-1+ rating to the Wisconsin Health and Education Facilities Authority revenue bonds (Gundersen Lutheran), series 2008A and 2008B.
The rating is based on an irrevocable letter of credit provided by Wells Fargo (AAA/A-1+), the agency said.
S&P said it also assigned its A+ underlying rating to the series 2008A and 2008B bonds.
Affected securities include the $61.505 million of series 2008B bonds and $29 million of series 2008A bonds.
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