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Clark County, NV's $118.8 Million PFC Refunding Revenue Bonds Assigned 'A+' Rating Oct 10 Product Image

Clark County, NV's $118.8 Million PFC Refunding Revenue Bonds Assigned 'A+' Rating Oct 10

  • Published: October 2010
  • Standard & Poors

Abstract
DALLAS (Standard & Poor's) Oct. 7, 2010--DALLAS (Standard & Poor's) Oct. 7, 2010--Standard & Poor's Ratings Services assigned its 'A+' long-term rating to Clark County, Nev.'s $118.8 million series 2010F-1 passenger facility charge (PFC) refunding revenue bonds, issued on behalf of its department of aviation, owner of the Las Vegas-McCarran International Airport. At the same time, Standard & Poor's assigned its 'A+' underlying rating (SPUR) to the county's $100 million series 2010F-2 adjustable-rate bonds, which the airport indicates will be issued after the 2010F-1 fixed-rate issue. Finally, Standard & Poor's affirmed its 'AA-' long-term rating and SPUR on the department's senior-lien debt, its 'A+' long-term rating and SPUR on the department's outstanding subordinate-lien debt and PFC revenue debt, its 'A'...

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

Action: New Rating

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- Las Vegas McCarran Intl Arpt
- Clark Cnty

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