Rating Raised to 'AA-' On North Ogden, UT Sales Tax Revenue Bonds on
Very Stong Coverage, Lack of Additional Debt Plans
SAN FRANCISCO (Standard & Poor's) Sept. 3, 2013--Standard & Poor's Ratings
Services raised its underlying rating (SPUR) to 'AA-' from 'A+' on North Ogden,
Utah's series 2004 sales tax revenue bonds. The outlook is stable.
"The raised rating is based on our view of the city's very strong coverage and lack of
plans to issue additional debt," said Standard & Poor's credit analyst Jen Hansen.
