Fitch Rates $89.3MM Wisconsin HEFA (Gundersen Lutheran) VRBs Series 2008 A & B 'AA/F1+'

NEW YORK--(Business Wire)--
Fitch Ratings assigns a rating of 'AA/F1+' to the $89,300,000
Wisconsin Health and Educational Facilities Authority (HEFA) variable
rate revenue bonds (Gundersen Lutheran) consisting of: $27,900,000
series 2008A and $61,400,000 series 2008B. The rating is based on the
support provided by an irrevocable, direct-pay letter of credit (LOC)
issued by Wells Fargo Bank, National Association securing the bonds.
The bank is obligated to make payments of principal and interest when
due, as well as purchase price for tendered bonds. The rating will
expire upon the earliest of: the stated expiration date of the LOC,
May 29, 2011, unless such date is extended; any prior termination of
the LOC; and defeasance of the bonds. The LOC provides full coverage
of principal plus an amount equal to 47 days' interest at a maximum
rate of 12% based on a 365-day year. The remarketing agent for the
bonds is Wells Fargo Brokerage Services, LLC. The bonds are expected
to be delivered on or about May 29, 2008.

The bonds initially bear interest at the weekly rate mode, but may
be converted to a daily, R-Floats, unit pricing term auction or fixed
interest rate mode. While bonds bear interest in the weekly rate mode,
interest payments are made on the first business day of each month,
commencing June 2, 2008. During the weekly rate, bondholders may
tender their bonds on any business day, provided the trustee is given
seven days' prior notice of the purchase. The bonds are subject to
mandatory tender upon the expiration, termination, or substitution of
the LOC and upon conversion of the interest rate mode. Mandatory and
optional redemption provisions also apply to the bonds.

The bond proceeds will be used to refinance the authority's
variable rate revenue bonds series 2006 (Gundersen Lutheran).

Fitch's rating definitions and the terms of use of such ratings
are available on the agency's public site, www.fitchratings.com.
Published ratings, criteria and methodologies are available from this
site, at all times. Fitch's code of conduct, confidentiality,
conflicts of interest, affiliate firewall, compliance and other
relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings
Mario Civico, New York, +1-212-908-0796
or
Media Relations:
Cindy Stoller, New York, +1 212 908 0526

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