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KBRA Releases Rating Report on Miami-Dade County, Florida Aviation Revenue Refunding Bonds Series 2018 A, B and COn August 1, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA- and Stable Outlook to Miami-Dade County, Florida Aviation Revenue Refunding Bonds Series 2018A (AMT (News - Alert)), Series 2018B (Non-AMT), and Series 2018C (Taxable). KBRA additionally affirmed the long-term rating of AA- and Stable Outlook on the County's outstanding Aviation Revenue Bonds. KBRA long-term ratings do not apply to bonds backed by a letter of credit or liquidity facility, unless otherwise noted. The rating actions are based on KBRA's U.S. General Airport Revenue Bond Rating Methodology. KBRA's rating evaluation of the long-term credit quality of general airport revenue bonds focuses on the following six key rating determinants:
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Twitter About KBRA and KBRA Europe KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA. View source version on businesswire.com: https://www.businesswire.com/news/home/20180802005622/en/ |