The rating action referenced in Fitch Ratings' Nov. 22, 2010 press release (Fitch to Upgrade Rating on Salem Hospital (OR) Variable Rate Revenue Bonds 2008C to 'AA/F1+') is effective today (Dec. 1, 2010).
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research:
--'U.S Municipal Structured Finance Rating Criteria', Aug. 16, 2010;
--'Rating Guidelines for Letter of Credit-Supported Bonds', April 29, 2009;
--'Dual-Party Pay Criteria For Long-Term Ratings on LOC-Supported U.S. Public Finance Bonds', June 11, 2009.
Applicable Criteria and Related Research:
Rating Guidelines for Letter of Credit-Supported Bonds
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=435132
U.S. Municipal Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=548588
Dual-Party Pay Criteria For Long-Term Ratings on LOC-Supported U.S. Public Finance Bonds
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=447146
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Contacts:
Fitch Ratings
Primary Analyst
Richard Park, +1-212-908-0289
Associate
Director
Fitch, Inc.
One State Street Plaza
New York, NY
10004
or
Secondary Analyst
Trudy Zibit, +1-212-908-0689
Managing
Director
or
Committee Chairperson:
Joseph Staffa,
+1-212-908-0829
Senior Director
or
Media Relations:
Cindy
Stoller, +1-212-908-0526
Email: cindy.stoller@fitchratings.com