NEW YORK--(BUSINESS WIRE)--On July 20, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of A+ with a Stable Outlook to the Memphis-Shelby County Airport Authority Airport Revenue Bonds Series 2018 (AMT), Series 2010A, Series 2010B, Series 2011A-1, Series 2011A-2, Series 2011B, Series 2011C, and Series 2011D.
|Issuer: Memphis-Shelby County Airport Authority|
|Airport Revenue Bonds, Series 2018 (AMT)||A+||Stable||Assigned|
|Airport Revenue Bonds, Series 2010A||A+||Stable||Assigned|
|Airport Revenue Bonds, Series 2010B||A+||Stable||Assigned|
|Airport Revenue Bonds, Series 2011A-1||A+||Stable||Assigned|
|Airport Revenue Bonds, Series 2011A-2||A+||Stable||Assigned|
|Airport Revenue Bonds, Series 2011B||A+||Stable||Assigned|
|Airport Revenue Bonds, Series 2011C||A+||Stable||Assigned|
|Airport Revenue Bonds, Series 2011D||A+||Stable||Assigned|
|KBRA’s long-term ratings do not apply to bonds backed by a letter of credit or liquidity facility, unless otherwise noted.|
KBRA’s rating assessment of the Memphis-Shelby County Airport Authority’s Airport Revenue Bonds is based on KBRA’s U.S. General Airport Revenue Bond Rating Methodology.
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