Fitch affirms ‘A’ rating for Airport Authority; Rating outlook remains stable
MEMPHIS, Tenn. (October 11, 2019) – Fitch Ratings has affirmed the Memphis-Shelby County Airport Authority’s (MSCAA’s) ‘A’ rating on the authority’s outstanding $355 million general airport revenue bonds (GARBs). The Airport Authority’s outlook remained stable. Fitch cited a number of factors that contributed to the rating, including Memphis International Airport’s nearly 100 percent origin and…
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