KBRA Releases Report Assigning AA Rating, Stable Outlook to the Cities of Dallas and Fort Worth, TX Airport Joint Revenue Refunding and Improvement Bonds

On August 26, 2025, KBRA assigned a long-term rating of AA to the Joint Revenue Refunding and Improvement Bonds Series 2025A-1 (AMT), Joint Revenue Refunding and Improvement Bonds Series 2025A-2 (AMT), and Joint Revenue Refunding and Improvement Bonds Series 2025B (Non-AMT) issued by the Cities of Dallas and Fort Worth, TX ("the Cities") on behalf of Dallas/Fort Worth International Airport ("DFW" or "the Airport"). Concurrently, KBRA affirmed the long-term AA rating on outstanding Joint Revenue and Improvement Bonds previously issued by the Cities on behalf of the Airport. The Outlook is Stable.

To access ratings and relevant documents, click here.

Click here to view the report.