Standard & Poor's Ratings Services said it raised its underlying rating to A-minus from BBB-plus on Tarrant County Cultural Education Facilities Finance Corp., Texas' $96.7 million series 2009A and 2009B fixed-rate hospital revenue bonds, and series 2009C variable-rate hospital revenue bonds, issued for Hendrick Health System.

Standard & Poor's also affirmed its AAA/A-1 rating on HHS' series 2009C variable-rate bonds. The outlook is stable.

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