Tuesday, September 1, 2020
Includes “Stable” outlook from Moody’s Investor Service and KBRA
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.
Moody’s assigned an “A2” to rating to MSCAA’s forthcoming bonds and affirmed its “A2” rating on outstanding bonds, while KBRA assigned an “A+” rating to the forthcoming bonds while affirming the same rating on MSCAA’s outstanding bonds. Fitch Ratings assigned an “A” rating to the forthcoming bonds while affirming the “A” rating on the outstanding bonds.