| Fitch Rates Raleigh-Durham International Revenue Bonds as "AA-" |
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| Local Government |
| By Administrator |
| Monday, 06 October 2014 05:25 |
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RALEIGH, (SGRToday.com) - Fitch Ratings has given Raleigh-Durham International Airport a thumbs-up on its $669 million in revenue bonds, according to the Triangle Business Journal.
The newspaper reports the airport's bonds were given an “AA-“ rating for the fourth time in four years.
Fitch pointed to “historical traffic levels supported by a healthy and growing local economy."
The airport has nearly three years worth of cash on hand.
To read the entire story, visit www.bizjournals.com.
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| Last Updated on Monday, 06 October 2014 05:25 |