Press Release|Public Finance

KBRA Releases Rating Report Assigning AA Rating to Various Wayne County Airport Authority (Detroit Metropolitan Wayne County Airport) Airport Revenue Bonds; Affirming Rating for Parity Bonds

4 Jun 2025   |   New York

Contacts

On June 3, 2025, KBRA assigned a long-term rating of AA to the Wayne County Airport Authority (Detroit Metropolitan Wayne County Airport): Airport Revenue Bonds, Series 2025A (Non-AMT); Airport Revenue Bonds, Series 2025B (AMT); and, Airport Revenue Refunding Bonds, Series 2025C (Non-AMT). KBRA additionally affirmed the long-term rating of AA for the Authority's outstanding Airport Revenue Bonds. The rating Outlook is Stable.

To access ratings and relevant documents, click here.

Click here to view the report.

This rating report press release was revised September 22, 2025 to remove reference to a series of bonds that was not brought to market.

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: 1009769