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October 04, 2013

S&P assigns A+ rating to DFW Airport revenue improvement bonds

The Standard & Poor's ratings firm said on Friday it has assigned an A+ rating to Dallas/Fort Worth Airport's latest bond series.

The $11.7 million series 2013G joint revenue improvement bonds will be used to fund capital projects at the airport. S&P also affirmed its A+ rating on all of the airport's previously issued bonds.

"The rating reflects our view of the airport's strong service area economy and solid business position," said Standard & Poor's credit analyst Todd Spence, "as well as its long record of good liquidity and experienced management team."

-Andrea Ahles

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