operations filed for bankruptcy protection this week

29, 2008, and BC has completed a $1.2 million renovation of thefacility The newly renovated nursing home was re-opened on Oct 25, 2008. Fitchhad viewed the relationship with Eden favorably and had previously stated thatit believed that BC enjoyed a halo effect from its association with Eden throughjoint community events and web-site link to BC on Eden's website. Primary credit concerns for BC include the recent decline in cash andinvestments due to market valuation, a high debt burden, a relatively smallrevenue base and a high average age of plant. At fiscal year-end 2008, maximumannual debt service as a percentage of revenue was 12.1, and cash-to-debt was69, which was consistent with Fitch's 'BBB' medians of 11 and 60,respectively. Finally, BC's average age of plant at June 30, 2008 of 14.6 yearsmay indicate a need for larger capital investment in the future. Management iscurrently developing a five year capital budget.

The Stable Outlook reflects Fitch's belief that BC will continue to maintainstrong occupancies, that any capital investments will be modest without the needfor additional debt. In addition, the Outlook is contingent on the successfulfill-up of BC's nursing center and on BC's liquidity position not deterioratingfurther due to a decline in the market value of its investment portfolio. In April 2006, BC entered into a $17.5 million floating-to-fixed rate swap withMorgan Stanley Capital Services, Inc. to synthetically create a fixed rateobligation on the series 2004 bonds through 2011 Swap payments are on paritywith the series 2004 bonds. Currently, BC is showing a $960,000 liability on itsbalance sheet due to the swap. Eden Hospital Health Services Corporation (dba Baywood Court) is a rentalretirement facility located in Castro Valley, CA. The facility operates 188independent living apartments, 30 assisted living apartments and 56 skillednursing beds.

Total operating revenue in the fiscal year-ended June 30, 2008 was$10 million. Currently, BC does not provide financial disclosure to bondholderswhile the bonds are structured in the variable rate mode as is standard. BC hascovenanted to provide financial disclosure as promulgated under 15c2-12 if andwhen the bonds are converted to a fixed rate mode. Fitch's rating definitions and the terms of use of such ratings are available onthe agency's public site, Published ratings, criteria andmethodologies are available from this site, at all times. Fitch RatingsJim Mitchell, 1-813 222-1395 (Tampa)Michael Borgani, 1-415-732-5620 (San Francisco)Cindy Stoller, 1-212-908-0526(Media Relations, New York)Copyright Business Wire 2009. Jan 9 (Reuters) - At least two analysts widened CitigroupInc's (C.N) fourth-quarter loss estimates on Friday, a dayafter the company said it would take a $1.4 billion pre-taxcharge related to its exposure to LyondellBasell, whose U.S.operations filed for bankruptcy protection this week.