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S&P gives A+ to Denver International Airport bonds
Standard & Poor's said it assigned an A+ rating to Denver City and County Department of Aviation's $85 million series 2008B senior-lien airport system revenue bonds, issued on behalf of the Denver International Airport.
The series 2008B bonds are being issued as part of the airport's restructuring of its variable-rate debt portfolio and proceeds will refund the outstanding series 2005C1-C2 variable-rate demand bonds.
S&P affirmed its A+ rating on the airport's outstanding senior-lien general airport revenue bonds. The outlook is stable.
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