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Dallas-Fort Worth International Airport, Texas; Airport Aug 09 Product Image

Dallas-Fort Worth International Airport, Texas; Airport Aug 09

  • Published: August 2009
  • Region: Global, Texas
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services has revised its outlook on Dallas-Fort Worth International Airport (DFW or the airport), Texas' $3.7 billion joint revenue bonds currently outstanding and on the airport's hotel revenue bonds, issued by the Public Facility Improvement Corp. (PFIC), to stable from positive. At the same time, Standard & Poor's assigned its 'A+' rating, with a stable outlook, to DFW's $310 million series 2009A and $300 million series 2009B joint revenue refunding bonds. We also affirmed our 'A+' rating on the airport's joint revenue bonds and our 'A-' underlying rating on the hotel bonds. The outlook revision reflects what we view as a weakening industry environment and stagnating airport traffic trends combined with weakening revenue trends likely to...

Companies mentioned in this report are:
- Dallas Fort Worth Intl Arpt

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 READ MORE >

- Dallas Fort Worth Intl Arpt

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