KBRA Assigns A+ Rating to Allegheny County Airport Authority (Pittsburgh International Airport); Outlook is Stable
Kroll Bond Rating Agency (KBRA) assigns a long-term rating of A+ with a Stable Outlook to the Airport Revenue Bonds, Series 2021A (AMT (News - Alert)) and Airport Revenue Bonds, Series 2021B (Non-AMT) issued by Allegheny County Airport Authority (Pittsburgh International Airport). The Allegheny County Airport Authority manages Pittsburgh International Airport (PIT), a commercial, international airport and Allegheny County Airport (AGC), a general aviation reliever airport to PIT.
A rating report will follow.
Key Credit Considerations
KBRA continues to monitor the direct and indirect impacts of the COVID-19 virus. Click here to access KBRA's ongoing research on the topic.
The rating was assigned because of the following key credit considerations:
To access ratings and relevant documents, click here.
A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here.
Information on the meaning of each rating category can be located here.
Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.
Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.
NB-IoT - A 5G Technology for Smart Cities
Smart Government â€“ Digital Signage and Citizen Kiosks
Keynote Presentation - Open to all Badge Holders