Nov 15 Standard & Poor's Ratings Services on Thursday raised its
long-term rating on Maryland Transportation Authority's outstanding passenger
revenue bonds to 'A+' from 'A'.
S&P said the ratings upgrade reflects strong demand at the airport and lower
leveraging of the revenues.
The bonds were issued on behalf of Baltimore Washington International
Thurgood Marshall Airport.
In addition, the rating agency also assigned its 'A+' long-term rating to
MDTA's approximately $90.9 million series 2012B passenger facility charge (PFC)
revenue bonds also issued on behalf of BWI.
The outlook on all ratings is stable.