...June 12, 2020 NEW YORK (S&P Global Ratings) June 12, 2020--S&P Global Ratings assigned its '##+' long-term rating to Utah County, Utah's $200 million series 2020A, $75 million series 2020B-1, and $75 million 2020B-2 tax-exempt bonds issued for Intermountain Health Care Inc. (Intermountain) through its obligated group, IHC Health Services Inc. We are also aware that Intermountain plans to add on $191 million to its 2018 taxable bonds through a CUSIP reopening. At the same time, we affirmed our '##+' rating on various issuers' revenue bonds also issued for Intermountain and on Intermountain's taxable bonds. We also affirmed our '##+/A-1+' and '##+/A-1' dual ratings on various issuers' revenue bonds issued for Intermountain. The outlook on all long-term ratings is stable. Intermountain will use bond proceeds plus premium to refinance $215 million of outstanding series 2012 bonds and for various capital projects. The short-term ratings reflect our view of various standby bond purchase agreements...
