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Las Vegas McCarran International Airport, Nevada; Airport; Insured Liquidity; Joint Criteria; Note Jun 09 Product Image

Las Vegas McCarran International Airport, Nevada; Airport; Insured Liquidity; Joint Criteria; Note Jun 09

  • Published: June 2009
  • Region: Global, Nevada
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'SP-1+' short-term rating to Clark County, Nev.'s airport system junior subordinate lien revenue notes series 2009A, issued on behalf of the Las Vegas McCarran International Airport. At the same time, Standard & Poor's affirmed its 'AA-' underlying rating (SPUR) on the Clark County Department of Aviation's senior-lien debt, its 'A+' SPUR on the department's outstanding subordinate-lien debt, its 'A+' long-term rating on the department's passenger facility charge (PFC) revenue debt, and its 'A' long-term rating on the department's jet aviation fuel tax bonds. The 'SP-1+' short-term rating is based on the long-term credit rating of the aviation department, as well as its proven ability to access the capital markets. The long-term ratings reflect...

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

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users READ MORE >

- Las Vegas McCarran Intl Arpt
- Clark Cnty

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