Browsing Tag

Fitch Ratings

Business Pensacola

Bungled approval of airline agreements, missed win

November 9, 2017

Since 2008, the airlines at the Pensacola International Airport have operated without a long-term agreements. The month-to-month contracts have negatively impacted the airport’s bond ratings. For the past year, Beggs & Lane has been working on…

Business

Pensacola Airport bonds rated near the bottom

August 27, 2015

Fitch Ratings announced yesterday the Pensacola International Airport bonds have maintained their BBB- rating – which sounds good…until you compare that rating with other airports. Pensacola is second from the bottom. The only one that has…

Business

Fitch Ratings affirms BBB- rating

August 26, 2015

Press release: Fitch Ratings has affirmed Pensacola, Florida’s (the city) ‘BBB-‘ rating on $32.9 million of outstanding series 2008 airport capital improvement revenue bonds issued on behalf of Pensacola International Airport (the airport, or PNS). The…

Business

Pensacola airport bonds downgraded, but outlook stable

August 29, 2014

Fitch Ratings has downgraded to ‘BBB-‘ from ‘BBB’ its rating on the city of Pensacola’s (Florida) approximately $33.5 million in outstanding series 2008 airport capital improvement revenue bonds issued on behalf of Pensacola International Airport (PNS).…