MIA ends 2022 with three bond rating upgrades
Source: MIA KBRA, S&P and Moody's reward airport for strong pandemic rebound In recognition of Miami International Airport's "exceptionally strong recovery," Kroll Bond Rating Agency, LLC (KBRA) recently upgraded its long-term rating of Miami-Dade County's Aviation Revenue Bonds from A+ to AA-. KBRA's upgrade follows the same action by Standard & Poor's Global Ratings (S&P) in August and Moody's Investor Service in July, when they raised their ratings of MDAD's revenue bonds from A- to A and A2 to A1, respectively. “Congratulations to the MIA team on earning these three significant upgrades in 2022. I’m thrilled to see that the bond rating agencies are taking notice of the spectacular recovery that MIA has made since the pandemic. This robust growth [...]