Press Release|Public Finance

KBRA Releases Report Affirming A+, Stable Outlook on Greater Asheville Regional Airport Authority, NC GARBs

4 Apr 2025   |   New York

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On April 2, 2025, KBRA affirmed the long-term A+ rating, with a Stable Outlook assigned to outstanding Airport System Revenue Bonds (GARBs) previously issued by the Greater Asheville Regional Airport Authority (GARAA or the "Authority"). Airport System Revenue Bonds are secured by a pledge of net revenues generated by Asheville Regional Airport, which is managed by the Authority, an independent, fully autonomous entity.

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About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1008950

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