KBRA Releases Rating Report for Monterey Peninsula Airport District, CA Airport Revenue Bonds and TIFIA Loan (Monterey Regional Airport)

On September 3, 2026, KBRA assigned the rating of A- with a Stable Outlook to the Monterey Peninsula Airport District's (the "District's") proposed Series 2026A (AMT) and Series 2026B (Taxable) Airport Revenue and Refunding Bonds (Monterey Regional Airport Project) and 2026 Transportation Infrastructure Finance and Innovation Act ("TIFIA") Loan. The Series 2026A and 2026B airport revenue and refunding bonds will be issued by the California Municipal Finance Authority on behalf of the District.

Pursuant to an Installment Purchase Agreement, the District’s Master Trust Indenture, and Supplemental Trust Indentures, the Series 2026A and 2026B airport revenue and refunding bonds and the TIFIA loan are senior debt obligations, secured on a parity basis by the net revenues of Monterey Regional Airport.

To access ratings and relevant documents, click here.

Click here to view the report.