On July 23, 2020, DBRS Limited (DBRS Morningstar) downgraded Edmonton Regional Airports Authority’s (ERAA or the Authority) Issuer Rating and Revenue Bonds, Series A rating to “A†from A (high) with Negative trends and removed the ratings from Under Review with Negative Implications, where they were placed on April 8, 2020. The ratings downgrade results from the Coronavirus Disease (COVID-19)’s significant negative impact on passenger volumes at Edmonton International Airport (YEG or the...
Please refer to PDF document for more detail about our research: DBRS Morningstar Downgrades Ratings on Edmonton Regional Airports Authority to “A,†Negative Trends; Removes Ratings from Under Review with Negative Implications
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