Fitch Ratings Issues Positive Outlook for Airport Revenue Bonds
Posted on October 01, 2018 in News
St. Louis Lambert International Airport has received its best bond ratings in a decade following Fitch Ratings affirmation of nearly $300 million in outstanding City of St. Louis airport revenue bonds at ‘A-’ with an upgrade to positive, from stable. Fitch cited that the Positive Outlook reflects an expanding enplanement base, stable cash flow, and declining leverage at STL.