Summary: Intermountain Health Care, Utah; System

S&P Global Ratings assigned its 'AA+/A-1' rating to Utah County, Utah's $100 million 2016C variable rate bonds , assigned its 'AA+/A-1+' rating to the county's $60 million series 2016D bonds, and assigned its 'AA+/A-1' rating to the county's $40 million series 2016E bonds, all issued for IHC Health Services, the obligated group of Intermountain Health Care Inc. (Intermountain). The long-term rating on the bonds is based on Intermountain. The short-term component of each rating reflects our views of the respective standby bond purchase agreements (SBPA) provided by the BMO Harris Bank, N.A. ('A-1') for series 2016C, U.S. Bank N.A. ('A-1+') for 2016D, and JPMorgan Chase Bank N.A. ('A-1') for Series 2016E. Proceeds of the series 2016C–E bonds will be used

...S&P Global Ratings assigned its '##+/A-1' rating to Utah County, Utah's $100 million 2016C variable rate bonds , assigned its '##+/A-1+' rating to the county's $60 million series 2016D bonds, and assigned its '##+/A-1' rating to the county's $40 million series 2016E bonds, all issued for IHC Health Services, the obligated group of Intermountain Health Care Inc. (Intermountain). The long-term rating on the bonds is based on Intermountain. The short-term component of each rating reflects our views of the respective standby bond purchase agreements (SBPA) provided by the BMO Harris Bank, N.A. ('A-1') for series 2016C, U.S. Bank N.A. ('A-1+') for 2016D, and JPMorgan Chase Bank N.A. ('A-1') for Series 2016E. Proceeds of the series 2016C¡E bonds will be used to finance capital projects. At the same time we affirmed our '##+' long term ratings and our '##/A-1+' and '##+/A-1' dual ratings on various issuers' revenue bonds, issued for Intermountain. The short-term ratings reflect our view of various...

Summary