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Panama Canal Authority — Moody's announces completion of a periodic review of ratings of Panama Canal Authority

Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Panama Canal AuthorityGlobal Credit Research – 14 Feb 2022New York, February 14, 2022 Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Panama Canal Authority and other ratings that are associated with the same analytical unit. . ....

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Moody's affirms Burlington International Airport's 'Baa2' credit rating


MOODY S REPORT, in part
Rating Action: Moody s assigns Baa2 to Burlington (City of) VT Airport Enterprise s Airport Revenue Refunding Bonds, Series 2021A (taxable); stable outlook
22 Feb 2021
New York, February 22, 2021 Moody s Investors Service, ( Moody s ) has assigned a Baa2 rating to the Burlington (City of) VT Airport Enterprise s $5.385 million Airport Revenue Refunding Bonds, Series 2021A (taxable). The outlook is stable. Burlington Airport has $26.1 million of Series 2012A and 2014A bonds outstanding, as well as $11.1 million of Revenue Anticipation Notes issued by the City of Burlington.
RATINGS RATIONALE
The Baa2 rating reflects the continued stability in liquidity and debt service coverage, combined with a strengthened cost recovery framework following the adoption of a multi-year airline agreement that is residual in nature and provides for a 1.50x debt service coverage ratio (DSCR) and a floor of 200 days cash on hand. The credit profile will rem ....

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Cameroon, Government of - Moody's announces completion of a periodic review of ratings of Cameroon, Government of