Summary: Utah County, Utah   Intermountain Health Care; System - S&P Global Ratings’ Credit Research

Summary: Utah County, Utah Intermountain Health Care; System

Summary: Utah County, Utah   Intermountain Health Care; System - S&P Global Ratings’ Credit Research
Summary: Utah County, Utah Intermountain Health Care; System
Published Feb 05, 2009
570 words — Published Feb 05, 2009
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Abstract:

Standard&Poor's Ratings Services affirmed its 'AA+/A-1+' rating on Utah County (Intermountain Health Care), Utah's variable-rate revenue hospital bonds series 2002B and C based on the proposed substitution of the liquidity facilities in the form of standby bond purchase agreements (SBPAs) provided by U.S. Bank N.A. (AA+/A-1+) from the SPBAs provided by West LB GUARANTEED (AA-/A-1+) on or about Feb. 11, 2009. Following the date of the actual substitution, the short-term component of the rating on the bonds will be based solely on the new SBPA provider. The SBPAs provide for principal of, and a maximum of, 35 days' interest on unremarketed tendered bonds. Each SBPA, scheduled to expire on Feb. 11, 2012, provides coverage only for bonds during

  
Brief Excerpt:

RESEARCH Summary: Utah County, Utah Intermountain Health Care; System Publication date: 05-Feb-2009 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos_souffront@standardandpoors.com Secondary Credit Analyst:...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Utah County, Utah Intermountain Health Care; System" Feb 05, 2009. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Utah-County-Utah-Intermountain-Health-Care-System-700933>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Utah County, Utah Intermountain Health Care; System Feb 05, 2009. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Utah-County-Utah-Intermountain-Health-Care-System-700933>
  
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