Kroll Bond Rating Agency Assigns Long-Term Rating of AA- with a Stable Outlook to Salt Lake City, UT Airport Revenue Bonds

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned a long-term rating of AA- with a Stable Outlook to Salt Lake City, UT’s Airport Revenue Bonds, Series 2017A (AMT) and Series 2017B (Non-AMT). The estimated principal amount is $900.5 million. The rating is based on KBRA’s U.S. General Airport Revenue Bond Rating Methodology. In the process of assigning the rating, KBRA reviewed multiple sources of information and met with the City’s Department of Airports management. The Bo