S&P Raises STL Bond Ratings

Name: St. Louis Lambert International Airport
Address: 10701 Lambert International Blvd., St. Louis, Missouri, 63145-0212, USA
Telephone: +1-314-426-8000

Posted on May 31, 2019 in

Standard and Poor's Global Ratings raised its ratings on outstanding St. Louis Lambert International Airport’s revenue bonds to ‘A’ from ‘A-’ citing the airport’s strong and improved financial risk profile.

S&P also assigned its ‘A’ rating to the St. Louis City’s upcoming $97 million airport refunding and a new issuance of airport revenue bonds in 2019. The outlook for all STL ratings by S&P is stable.