Market Overview

KBRA Releases Report for the Memphis-Shelby County Airport Authority Airport Revenue Bonds, Series 2018 (AMT)

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On July 20, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term
rating of A+ with a Stable Outlook to the Memphis-Shelby County Airport
Authority Airport Revenue Bonds Series 2018 (AMT), Series 2010A, Series
2010B, Series 2011A-1, Series 2011A-2, Series 2011B, Series 2011C, and
Series 2011D.

 
Ratings
Issuer: Memphis-Shelby County Airport Authority
Series/Bond     Rating     Outlook     Action
Airport Revenue Bonds, Series 2018 (AMT)     A+     Stable     Assigned
Airport Revenue Bonds, Series 2010A     A+     Stable     Assigned
Airport Revenue Bonds, Series 2010B     A+     Stable     Assigned
Airport Revenue Bonds, Series 2011A-1     A+     Stable     Assigned
Airport Revenue Bonds, Series 2011A-2     A+     Stable     Assigned
Airport Revenue Bonds, Series 2011B     A+     Stable     Assigned
Airport Revenue Bonds, Series 2011C     A+     Stable     Assigned
Airport Revenue Bonds, Series 2011D     A+     Stable     Assigned
KBRA's long-term ratings do not apply to bonds backed by a letter
of credit or liquidity facility, unless otherwise noted.
 

KBRA's rating assessment of the Memphis-Shelby County Airport
Authority's Airport Revenue Bonds is based on KBRA's U.S.
General Airport Revenue Bond Rating Methodology
.

To view this report, please click here.

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About KBRA and KBRA Europe

KBRA is a full-service credit rating agency registered with the U.S.
Securities and Exchange Commission as an NRSRO. In addition, KBRA is
recognized by the National Association of Insurance Commissioners as a
Credit Rating Provider and a certified Credit Rating Agency (CRA) by the
European Securities and Markets Authority (ESMA). Kroll Bond Rating
Agency Europe Limited is registered with ESMA as a CRA.

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