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Summary: Denver City & County Department of Aviation, Colorado Denver International Airport; Airport; Joint Criteria Sep 11 Product Image

Summary: Denver City & County Department of Aviation, Colorado Denver International Airport; Airport; Joint Criteria Sep 11

  • Published: September 2011
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'A+' long-term rating to Denver City and County Department of Aviation, Colo.'s $425.9 million series 2011B, 2011C, and 2011D airport system refunding revenue bonds, issued for Denver International Airport (DIA). In addition, Standard & Poor's affirmed its 'A+' long-term rating and underlying rating (SPUR) on DIA's bonds outstanding. Also, Standard & Poor's affirmed its 'AAA' long-term rating on certain bonds based on the application of joint criteria. The outlook is stable. The ratings reflect our view of the following credit strengths: The continued commitment from United Continental Holdings Inc. (United; B/Stable/--) to operate a major hub at DIA; Stable passenger traffic during the economic downturn, with enplanements totaling 26.1 million in 2010, an...

Companies mentioned in this report are:
- Denver Intl Arpt
- Denver City & Cnty Dept of Aviation

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

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- Denver Intl Arpt
- Denver City & Cnty Dept of Aviation

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