...S&P Global Ratings assigned its '##+' long-term rating to Utah County, Utah's $56 million series 2016A fixed-rate bonds and $185 million series 2016B fixed-rate bonds issued for IHC Health Services, the obligated group of Intermountain Health Care (Intermountain). 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 outlook on all ratings is stable. The short-term ratings reflect our view of various standby bond purchase agreements or, in the case of the series 2003A-D and 2014B-C bonds, Intermountain's self-liquidity. S&P Global Ratings monitors liquidity monthly to ensure it remains adequate to support these obligations, if needed. This review also incorporates proposed variable rate series 2016C, 2016D, and 2016E bond issuances, which are being issued to restructure certain existing debt and finance $100 million of capital projects. Proceeds from the 2016A bonds will be...
