Press Release|Public Finance

KBRA Releases Report for City of Salt Lake, UT Airport Revenue Bonds

5 Jul 2023   |   New York

Contacts

On June 30, 2023, KBRA upgraded the long-term rating on the City of Salt Lake, UT Airport Revenue Bonds to AA from AA-. Concurrently, KBRA assigned a long-term rating of AA to the City's Airport Revenue Bonds, Series 2023A (AMT). The Outlook is Stable. Airport Revenue Bonds are payable solely from and secured by a pledge of Net Revenues of the Airport System. Salt Lake City International Airport ("the Airport") is owned by the City of Salt Lake ("the City") and is operated and managed by the City's Department of Airports ("the Department").

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