S&P Global Ratings Affirms Airport Authority’s “A” Rating
S&P Global Ratings has affirmed “A” rating for Memphis-Shelby County Airport Authority’s (MSCAA’s) revenue bonds issued for Memphis International Airport (MEM). MSCAA’s outlook is 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…