KBRA Releases Rating Report for St. Louis Lambert International Airport Revenue Bonds Series 2026ABC
15 Sep 2026 | New York
On September 11, 2026, KBRA assigned a long-term rating of A to the City of St. Louis, Missouri Airport Revenue Bonds Series 2026ABC for St. Louis Lambert International Airport. Concurrently, KBRA assigned an A rating to the City's outstanding Airport Revenue Bonds. The Outlook is Stable.
Proceeds of the Series 2026 Bonds are expected to 1) finance elements of the Airport’s fiscal year (FY) 2027 – 2032 capital improvement plan (CIP) including a runway resurfacing project and planning for the future modernization of the Airport referred to as the Consolidated Terminal Program (CTP); 2) refund all or a portion of the Airport’s outstanding Junior Lien Bank Notes; 3) fund the required deposit to the debt service reserve fund; 4) pay capitalized interest; and 5) pay costs of issuance.
Airport Revenue Bonds (GARBs) are payable from the Net Revenues generated by the operation of the Airport
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Click here to view the report.