Press Release|Public Finance

KBRA Releases Rating Report for St. Louis Lambert International Airport Revenue Bonds Series 2026ABC

15 Sep 2026   |   New York

Contacts

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

To access ratings and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1017016