Bangkok--11 Aug--Standard & Poor's
Standard & Poor's Ratings Services corrected and raised its ratings on Utah's general obligation (GO) bonds to 'AAA' from 'AA+'. The outlook is stable. On Aug. 6, 2009, the rating was incorrectly lowered due to an administrative error in conjunction with the assignment of a rating on Utah's series 2009B and 2009C lease revenue bonds (AA+/Stable). The ratings have been corrected to reflect the 'AAA/Stable' rating on Utah's GO bonds. For more information, see the report titled "Utah; Appropriations; General Obligation," published April 24, 2009, on RatingsDirect.
Complete ratings information is available to RatingsDirect subscribers at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com; select your preferred country or region, then Ratings in the left navigation bar, followed by Find a Rating.
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