Home » Tag Archives: Fitch Ratings Service

Tag Archives: Fitch Ratings Service

Fitch awards solid, stable AA rating to new IHL borrowing

The candidate selected to replace the departing Hank Bounds as Mississippi’s commissioner of higher education will inherit a sound and stable borrower profile for the State Institutions of Higher Learning. In a Jan. 13 ratings report, Fitch Ratings Service maintained the AA rating on a new issuance of revenue bonds the IHL expects to sell the week of Jan. 26. ...

Read More »

Jackson-Evers delaying security and concourse upgrades after bond rating drop

Fitch Rating Service’s downgrading of $39.4 million of Jackson Municipal Airport Authority revenue bonds will force a year-long delay of security checkpoint upgrades and improvements to the terminal building of Jackson-Medgar Wiley Evers International Airport. The drop to BBB+ from A- came largely from Southwest Airlines’ decision to stop nearly two decades of service on June 7. Fitch says the ...

Read More »