FROM THE ARCHIVE

Tribe has better credit than Japan

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JUNE 8, 2001

The small Southern Ute Tribe of Colorado now has a better credit rating than Canada or Japan, thanks to a "AAA" rating from international bond agency Fitch Inc.

The tribe has a net worth of more than $1 billion, a wealth amassed thanks to energy production on its 700,000=acre reservation. The tribe's financial plan and government operations led to the top rating, said the company.

The Ute Tribe is the first tribe to receive the "AAA" rating.

Get the Story:
Southern Utes get rare AAA bond rating (The Denver Post 6/8)

Relevant Links:
Fitch Inc - http://www.fitchinc.com