Summary: Atlanta; Letter Of Credit

Sept. 12, 2018 Direct-pay letter of credit (LOC) Series H commercial paper (CP) notes--PNC Bank N.A. (rating dependency*) Series I CP notes--JPMorgan Chase Bank N.A. (rating dependency*) U.S. Bank N.A. Series H CP notes--PNC Capital Markets LLC Series I CP notes--J.P. Morgan Securities LLC S&P Global Ratings assigned its 'A-1' rating to Atlanta's series H-1 (nonalternative-minimum tax (non-AMT)) and H-2 (alternative-minimum tax (AMT)) third-lien airport general revenue CP notes and H-3 (non-AMT) and H-4 (AMT) second-lien airport passenger facility charge and third-lien airport general revenue CP notes. S&P Global Ratings also assigned its 'A-1' rating to the city's series I-1 (non-AMT) and I-2 (AMT) third-lien airport general revenue CP notes and I-3 (non-AMT) and I-4 (AMT) second-lien airport passenger facility

...S&P Global Ratings assigned its 'A-1' rating to Atlanta's series H-1 (nonalternative-minimum tax (non-AMT)) and H-2 (alternative-minimum tax (AMT)) third-lien airport general revenue CP notes and H-3 (non-AMT) and H-4 (AMT) second-lien airport passenger facility charge and third-lien airport general revenue CP notes. S&P Global Ratings also assigned its 'A-1' rating to the city's series I-1 (non-AMT) and I-2 (AMT) third-lien airport general revenue CP notes and I-3 (non-AMT) and I-4 (AMT) second-lien airport passenger facility charge and third-lien airport general revenue CP notes. The rating reflects our opinion of the credit and liquidity support PNC Bank N.A. provides for the series H CP notes and JPMorgan Chase Bank N.A. provides for the series I CP notes, both in the form of irrevocable direct-pay LOCs....

Summary