Fitch Affirms Canyons School District, UT’s GOs at ‘AAA’; Outlook Stable

SAN FRANCISCO–(BUSINESS WIRE)–Fitch Ratings has affirmed the following Canyons School District Board of Education (the district), Utah ratings: –Issuer Default Rating (IDR) at ‘AAA’; –$233 million general obligation (GO) bonds, series 2011, 2012, 2013, and 2015 at ‘AAA’. The Rating Outlook is Stable. The IDR, underlying ratings, and Rating Outlook reflect the district’s credit quality without consideration of the guaranty provided by the Utah School Bond Default Avoidance Program. SECURITY