Lehi City Earns Top Credit Ratings
Lehi City has earned top credit ratings from Moody's and Fitch, two of the nation's leading financial rating agencies.
Moody's Investors Service assigned a rating of Aa2, while Fitch Ratings assigned an AA+ rating, both reflecting strong confidence in Lehi's financial stability and management.
- Moody's rating: Aa2
- Fitch rating: AA+
The ratings come ahead of the city's upcoming sale of water revenue bonds, which will finance a new public works facility and improvements to the city's culinary water and pressurized irrigation systems.
The bonds were authorized to bear interest rates of up to 5.
Author's summary: Lehi City earns top credit ratings from Moody's and Fitch.
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