Moody’s Investors Service has raised its financial outlook for Denver International Airport (DIA) to “stable,” from negative a year ago.
The ratings service on Thursday also gave the airport’s $4.4 billion worth of bonds and A1 and an A2 rating, above average.
DIA has two sets of bonds:
The first tier, $3.72 billion in bonds that will be repaid from the airports revenues, received an A1 rating. The second tier, DIA’s $719 million, or subordinate, revenue bond received an A2 rating.
Moody’s…
Moody’s Investors Service has raised its financial outlook for Denver International Airport (DIA) to “stable,” from negative a year ago.
The ratings service on Thursday also gave the airport’s $4.4 billion worth of bonds and A1 and an A2 rating, above average.
DIA has two sets of bonds:
The first tier, $3.72 billion in bonds that will be repaid from the airports revenues, received an A1 rating. The second tier, DIA’s $719 million, or subordinate, revenue bond received an A2 rating.
Moody’s…