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Las Vegas McCarran Intl Arpt, NV's Senior Lien Revenue Bonds Assigned 'AA-' Rating May 08 Product Image

Las Vegas McCarran Intl Arpt, NV's Senior Lien Revenue Bonds Assigned 'AA-' Rating May 08

  • ID: 1723203
  • May 2008
  • Standard & Poors

Abstract
SAN FRANCISCO (Standard & Poor's) May 13, 2008--Standard & Poor's Ratings Services assigned its 'AA-' long-term rating to the Clark County Department of Aviation, Nev.'s approximately $63.69 million airport system senior lien revenue bonds series 2008E, issued on behalf of the Clark County Airport System, which includes the Las Vegas McCarran International Airport. At the same time, Standard & Poor's affirmed its 'AA-' underlying rating (SPUR) on the department's outstanding $220.8 million senior-lien debt, its 'A+' SPUR on the department's outstanding $1.4 billion subordinate-lien debt, its 'A+' rating on the department's $706 million of passenger facility charge (PFC) revenue debt, and its 'A' rating on the department's $101 million jet aviation fuel tax bonds. The outlook is stable. "The rating...

Companies mentioned in this report are:
- Las Vegas McCarran Intl Arpt

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

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