Summary: Greater Orlando Aviation Authority, Florida; Airport - S&P Global Ratings’ Credit Research

Summary: Greater Orlando Aviation Authority, Florida; Airport

Summary: Greater Orlando Aviation Authority, Florida; Airport - S&P Global Ratings’ Credit Research
Summary: Greater Orlando Aviation Authority, Florida; Airport
Published Nov 15, 2024
6 pages (2224 words) — Published Nov 15, 2024
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA' long-term rating to the Greater Orlando Aviation Authority, Fla.'s (GOAA or the authority) pro forma $159.685 million series 2024 airport facilities revenue bonds (senior bonds), issued on behalf of Orlando International Airport (MCO), and assigned its 'AA-' long-term rating to GOAA's pro forma $684.060 million series 2024 priority subordinated airport facilities revenue bonds (subordinate bonds). At the same time, S&P Global Ratings affirmed its 'AA' and 'AA-' long-term ratings and underlying ratings (SPUR) on the GOAA's senior-lien airport facilities revenue bonds and subordinate-lien debt, respectively. The outlook is stable. GOAA's senior bonds are secured by a pledge of airport system revenues, including available passenger facility charge revenues; GOAA's subordinated bonds are secured by a

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##' long-term rating to the Greater Orlando Aviation Authority, Fla.'s (GOAA or the authority) pro forma $159.685 million series 2024 airport facilities revenue bonds (senior bonds), issued on behalf of Orlando International Airport (MCO), and assigned its '##-' long-term rating to GOAA's pro forma $684.060 million series 2024 priority subordinated airport facilities revenue bonds (subordinate bonds). + At the same time, S&P Global Ratings affirmed its '##' and '##-' long-term ratings and underlying ratings (SPUR) on the GOAA's senior-lien airport facilities revenue bonds and subordinate-lien debt, respectively. + The outlook is stable....

  
Report Type:

Summary

Issuer
Greater Orlando Aviation Authority
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Greater Orlando Aviation Authority, Florida; Airport" Nov 15, 2024. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Greater-Orlando-Aviation-Authority-Florida-Airport-3285235>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Greater Orlando Aviation Authority, Florida; Airport Nov 15, 2024. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Greater-Orlando-Aviation-Authority-Florida-Airport-3285235>
  
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