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Fitch lifts OSF Health, Ill., bonds to AA-
Fitch Ratings said it upgraded the long-term rating to AA- from A+ on the Illinois Finance Authority's $55.875 million of variable-rate revenue bonds, series 2001 (OSF Healthcare System).
At the same time, Fitch said it assigned an F1+ short-term rating to the bonds.
There are $48.1 million of the bonds outstanding.
The upgrade is in connection with an irrevocable, direct-pay letter of credit from JPMorgan Chase Bank, NA.
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