S&P gives A to Orlando Regional Healthcare, Fla.

Standard & Poor's said it assigned an A underlying rating to Orange County Health Facilities Authority, Fla.'s $47.195 million of series 2008A and $105.475 million of series 2008B hospital revenue bonds, both issued for Orlando Regional Healthcare System.

The series 2008A and 2008B bonds are mode conversions of the system's series 2005A, 2006A-1 and 2006A-2 bonds.

Financial Security Assurance Inc. will insure the bonds. FSA is rated AAA.

In addition, S&P said it assigned an A standard long-term rating to the system's $78.97 million of series 2008C fixed-rate uninsured refunding bonds.

Fitch also said it assigned an A underlying rating to the system's $54.9 million of series 2008D, $44.375 million of series 2008E and $87 million of series 2008F variable-rate demand bonds.

Series 2008D to G will be backed by letters of credit from SunTrust Bank.

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