DALLAS (Standard & Poor's) June 17, 2011-- Standard & Poor's Ratings Services assigned its 'A+' rating to Dallas Fort Worth International Airport's (DFW) $112.3 million series 2011A joint revenue refunding bonds, issued by Dallas Fort Worth. At the same time, Standard & Poor's affirmed its 'A+' long-term and underlying rating (SPUR) on DFW's outstanding joint revenue bonds. The outlook is stable. Management indicates the 2011A bonds will be used to refund the airport's series 1998 and 1999 facility improvement corporation rental car facility charge revenue bonds. The refunding changes the lien on the bonds to the joint revenue bond lien on parity with all outstanding joint revenue bonds. "The rating reflects our view of the airport's strong service-area economy, solid...
Companies mentioned in this report are:
- Dallas Fort Worth Intl Arpt
- Dallas Fort Worth
Action: New Rating
Action: Outlook: Stable
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