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Tag: moody's

Financial agencies issue updates to Memphis-Shelby County Airport Authority ratings

Memphis-Shelby County Airport Authority (MSCAA) has received updates from financial rating agencies Moody’s Investor’s Service, Kroll Bond Rating Agency (KBRA) and Fitch Ratings.

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Moody’s Investors Service upgrades Airport Authority’s rating to “A2,” modifies outlook to “Stable”

MEMPHIS, Tenn. (August 27, 2019) – Moody’s Investors Service has upgraded Memphis-Shelby County Airport Authority’s (MSCAA’s) general airport revenue bonds to “A2” and has modified MSCAA’s rating outlook from “positive” to “stable.” In its report, Moody’s cited the “sustained track-record of positive enplanement growth at the Memphis International Airport since fiscal year 2016 that has…
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