Airport Authority Sees Ratings Uptick from Moody’s on Revenue Bonds ...Middle East

An early phase of construction, in 2023, on San Diego International Airport’s Terminal 1. Photo credit: @SanDiegoAirport via Twitter Moody’s Ratings has upgraded nearly $3.8 billion in San Diego County Regional Airport Authority bonds, the agency announced. The ratings service upgraded approximately $1.06 billion in outstanding senior airport revenue bonds to Aa3 from A1 and approximately $2.75 billion in outstanding subordinate lien bonds to A1 from A2. Both are considered top prime positions, though they fall short of the top Aaa rating. Moody’s also revised the airport’s outlook from positive to stable, indicating that it is unlikely that another rating change is on the horizo

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