Las Vegas McCarran International Airport, Nevada; Airport; Insured Liquidity; Joint Criteria; Note Jun 09
- ID: 1723580
- June 2009
- Region: Global, Nevada
- Standard & Poors
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
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Research Type: Full Analysis