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Article: SALT LAKE COUNTY MUNICIPAL BUILDING AUTHORITY (UT) BONDS RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
- Article from:
- PR Newswire
- Article date:
- September 25, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SALT LAKE COUNTY MUNICIPAL BUILDING AUTHORITY (UT) BONDS RATED 'A+'
BY FITCH -- FITCH FINANCIAL WIRE --
NEW YORK, Sept. 25 /PRNewswire/ -- Salt Lake County Municipal Building Authority's (UT) $7.8 million lease revenue bonds, Series 1992A are rated 'A+' by Fitch. The bonds are offered through negotiation by Lehman Brothers on or about Oct. 6. The credit trend is stable.
Rental payments on the authority's Riverbend Golf Course project are subject to annual lease renewals and appropriations by Salt Lake County. Salt Lake County exhibits the highest credit quality fundamentals, including low debt levels, very good financial management, and large ...