Fitch rates JMAA’s revenue bonds ‘A-’
by Wally Northway Published: July 7,2010
Tags: airports, credit rating, transportation, travel
JACKSON — Fitch Ratings has affirmed the Jackson Municipal Airport Authority’s (JMAA’s) approximately $45-million revenue refunding bonds series 1998, 2005 and 2007 at “A-.” The bonds are secured by a pledge of general airport revenues collected at the airport, after payment of operating and maintenance expenses, on a first lien pari passu basis. The rating [...] [...]
