S&P rates Carilion Health bonds AA-/A-1+

Standard & Poor's said it assigned an AA-/A-1+ rating to the Virginia Small Business Finance Authority's $50 million series 2008A and $110 million series 2008B health care revenue variable-rate demand bonds issued for Carilion Health System Obligated Group.

The outlook is stable.

The rating's short-term component reflects standby bond purchase agreements from Wachovia Bank NA and Bank of America NA.

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