S&P gives underlying A+ to John Muir Health, Calif., bonds

Standard & Poor's said it assigned an A+ underlying rating to California Statewide Communities Development Authority's $147.4 million of series 2008A-C variable-rate revenue bonds issued on behalf of John Muir Health, formerly known as John Muir/Mt. Diablo Health System.

S&P also said it affirmed its A+ standard long-term rating and underlying rating on the authority's $302.9 million of series 2006A-C revenue bonds and $88 million of series 1997 and 2005A revenue bonds, all issued for John Muir Health.

The outlook is stable.

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