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S&P Global Ratings Raises Airport Authority’s Rating to “A”; Rating outlook remains stable

MEMPHIS, Tenn. (May 22, 2018) – S&P Global Ratings has raised its long term and underlying rating for Memphis-Shelby County Airport Authority (MSCAA) from “A-” to “A.” The Airport Authority’s outlook is stable. S&P cited several strengths that contributed to the elevated rating, including Memphis International Airport’s (MEM’s) origin and destination passenger base, management and…
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