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
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