Airport Debt Elevates

Watts, Jim
June 2006
Bond Buyer;6/27/2006, Vol. 356 Issue 32411, p31
Trade Publication
The article reports that Moody Investors Services Inc. has upgraded the Series 1994, 1998, 2002A and 2002B senior airport revenue bonds of the Phoenix Sky Harbor International Airport to Aa3 from S2 as well as the Series 2002 junior lien bonds to A1 from A2. The changes in credit ratings were attributed to the well-maintained and stable finances of the Phoenix Aviation Department.


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