DARLENE GREEN

COMPTROLLER

NEWS NEWS

NEWS

For Immediate Release

Date: June 18, 2015
Contact: Melanie Streeper

Phone: (314) 613-7360

Email: streeperm@stlouis-mo.gov

Standard & Poors and Moodys

Affirm Lambert Airport Bond Ratings
ST. LOUIS, June 18, 2015St. Louis Comptroller Darlene Green announced today that
Moodys Investors Services (Moodys) and Standard & Poors have affirmed their ratings on
Lambert-St. Louis International Airport debt.
The credit ratings for Lambert-St. Louis International Airport are as follows:

Moodys Investors Service rates Lamberts long-term debt A3 with a stable outlook.

Standard & Poors rates Lamberts long-term debt A- with a stable outlook.

I recognize that the St. Louis region is largely dependent upon a successful
Lambert Airport. Lambert-St. Louis International Airports credit ratings from
Moodys and Standard & Poors are both in the single A category and holding
steady. Bond ratings like these are critical to accessing the capital markets at the
lowest possible interest rates to reduce debt service costs, says Comptroller Green.
The Airport has worked diligently to grow revenues, reduce costs and stabilize our
finances, said Lambert Director Rhonda Hamm-Niebruegge. We are pleased that
Moodys and S&P recognize these efforts and these ratings reflect that positive
trend.
Comptroller Darlene Green remains committed to generating revenue for the City of St.
Louis, safeguarding the citys credit rating and ensuring that taxpayer money is spent
wisely at all times.

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