Research Update: Outlook On Dublin Airport Authority Revised To Positive On Strong Operating Performance; 'BBB/A-2' Ratings Affirmed - S&P Global Ratings’ Credit Research

Research Update: Outlook On Dublin Airport Authority Revised To Positive On Strong Operating Performance; 'BBB/A-2' Ratings Affirmed

Research Update: Outlook On Dublin Airport Authority Revised To Positive On Strong Operating Performance; 'BBB/A-2' Ratings Affirmed - S&P Global Ratings’ Credit Research
Research Update: Outlook On Dublin Airport Authority Revised To Positive On Strong Operating Performance; 'BBB/A-2' Ratings Affirmed
Published Apr 22, 2014
Published Apr 22, 2014
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

We expect Irish airport operator Dublin Airport Authority PLC's (DAA's) credit measures to have improved more quickly than we had forecast in 2013. We are therefore revising our outlook on DAA to positive from stable. We are also affirming our long- and short-term corporate credit ratings on DAA at 'BBB/A-2'. The positive outlook reflects the possibility that we could raise the rating on DAA by one notch if weighted-average funds from operations to debt remains at least 20% on a sustainable basis. On April 22, 2014, Standard&Poor's Ratings Services revised its outlook on Irish airport operator Dublin Airport Authority PLC (DAA) to positive from stable. At the same time, we affirmed our 'BBB/A-2' long- and short-term corporate credit

  
Report Type:

Research Update

Ticker
784381Z@ID
Issuer
GICS
Airport Services (20305010)
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Outlook On Dublin Airport Authority Revised To Positive On Strong Operating Performance; 'BBB/A-2' Ratings Affirmed" Apr 22, 2014. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Outlook-On-Dublin-Airport-Authority-Revised-To-Positive-On-Strong-Operating-Performance-BBB-A-2-Ratings-Affirmed-1300898>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Outlook On Dublin Airport Authority Revised To Positive On Strong Operating Performance; 'BBB/A-2' Ratings Affirmed Apr 22, 2014. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Outlook-On-Dublin-Airport-Authority-Revised-To-Positive-On-Strong-Operating-Performance-BBB-A-2-Ratings-Affirmed-1300898>
  
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