Miami-Dade County   Miami International Airport; Airport - S&P Global Ratings’ Credit Research

Miami-Dade County Miami International Airport; Airport

Miami-Dade County   Miami International Airport; Airport - S&P Global Ratings’ Credit Research
Miami-Dade County Miami International Airport; Airport
Published Aug 08, 2019
Published Aug 08, 2019
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'A' long-term rating to Miami-Dade County's approximately $17.5 million aviation revenue refunding bonds, series 2019C (non-AMT), approximately $9.7 million aviation revenue refunding bonds, series 2019D (non-AMT), and approximately $315.5 million aviation revenue refunding bonds, taxable series 2019E issued for Miami International Airport (MIA). The outlook is stable. The rating reflects our opinion of the airport's very strong enterprise risk profile and adequate financial risk profile. The rating also incorporates a one-notch positive adjustment, using a holistic analysis reflecting the financial and operational resilience of a large connecting hub airport with maintenance of financial performance and relatively high activity through a range of economic conditions. This is despite competition from Fort Lauderdale International Airport (FLL) and

  
Report Type:

Full Report

Issuer
Miami Intl Arpt
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Miami-Dade County Miami International Airport; Airport" Aug 08, 2019. Alacra Store. Jan 28, 2022. <http://www.alacrastore.com/s-and-p-credit-research/Miami-Dade-County-Miami-International-Airport-Airport-2279712>
  
APA:
S&P Global Ratings’ Credit Research. (). Miami-Dade County Miami International Airport; Airport Aug 08, 2019. New York, NY: Alacra Store. Retrieved Jan 28, 2022 from <http://www.alacrastore.com/s-and-p-credit-research/Miami-Dade-County-Miami-International-Airport-Airport-2279712>
  
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