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Atlanta, Ga. Hartsfield Jackson Atlanta International Airport; Transportation, Airport Nov 04

Standard & Poors, Nov 2004


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Abstract
Standard & Poor's Ratings Services assigned its 'A+' rating to the city of Atlanta, Ga.'s $195.9 million airport general revenue bonds, series 2004 F-I, and its 'A' rating to the city's $586.7 million airport passenger facility charge (PFC) and subordinate-lien general revenue bonds, series 2004 J-K (hybrid-lien bonds). Standard & Poor's also affirmed its ratings on the city's outstanding general and hybrid-lien airport revenue bonds. The outlook on all the ratings is stable. The city will issue the bonds on behalf of the Hartsfield-Jackson Atlanta International Airport, which will use the bonds to fund its ongoing capital improvement plan (CIP). The ratings are based on the following credit strengths related to the airport: A large and historically vibrant local catchment...

Companies mentioned in this report are: Hartsfield Jackson Atlanta Intl Arpt,Atlanta,Delta Air Lines Inc.
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 determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Full Analysis




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