Maryland Transportation Authority 2012C Revenue Bond Rating Reinstated

Stocks and Financial Services Press Releases Thursday April 26, 2018 09:55
CENTENNIAL--26 Apr--S&P Global Ratings

CENTENNIAL (S&P Global Ratings) April 25, 2018--S&P Global Ratings corrected by reinstating its 'AA+/A-1+' rating, based on the application of joint criteria, and its 'A+' underlying rating on Maryland Transportation Authority's variable-rate passenger facility charge revenue bonds series 2012C issued for Baltimore Washington International Airport, due June 1, 2032. The outlook is stable.

On Dec. 14, 2017, the ratings on these bonds were withdrawn due to an administrative error, because the maturity date was incorrectly labeled.

Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore be read in conjunction with such criteria. Please see Ratings Criteria at www.standardandpoors.com for further information. Complete ratings information is available to subscribers of RatingsDirect at www.capitaliq.com. All ratings affected by this rating action can be found on the S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column.


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