Debt Ratings


The debt ratings for the Houston Airport System, which are rated separately from the City of Houston, are shown below. The major rating agencies provide a rating for outstanding debt at both the senior and the subordinate debt levels:

 



 

Standard & Poors

Moody's

Fitch


Senior Debt Rating


AA-


Aa3


NR

Subordinate Debt Rating

A

A2

A+: (outlook is negative) 

NR: Not Rated

 

   


Please note these long-term ratings are as of July 8, 2013, are provided for information purposes only, are simply posted for convenience and are subject to change without notice. Credit ratings are solely the opinions of the rating agencies. The Houston Airport System and the City of Houston, Texas does not endorse, and accepts no responsibility for, the credit ratings issued by the rating agencies. Credit ratings may be changed, superseded or withdrawn by the rating agencies at any time. You should not rely on this information to make any investment decision but rather should consult with your broker.


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