NEW YORK--()--Fitch Ratings withdraws its 'A/F1' rating on the following bond:
--Chattanooga Health, Educational, & Housing Facility Board (TN) (Southern Adventist University Project) variable-rate revenue bonds series 2003.
The rating was based on the support of a letter of credit provided by Bank of America, N.A. that was terminated on Jan. 31, 2013.
Additional information is available at www.fitchratings.com. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research
--'U.S. Municipal Structured Finance Criteria' (Feb. 28, 2012);
--'Rating
Guidelines for Letter of Credit-Supported Bonds' (June 20, 2012).
Applicable Criteria and Related Research:
U.S. Municipal Structured
Finance Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=672570
Rating
Guidelines for Letter of Credit-Supported Bonds
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=681737
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