Moody’s affirms Baa2 for Guam airport

  TAMUNING, Guam — Moody’s Investor Service, in a ratings update released on Jan. 11, affirmed its “Baa2” rating on the A.B. Won Pat International Airport, Guam’s 2013 $227 million in Series 2013 A, B and C General Airport bonds, with a stable outlook, according to a Jan. 12 release. The rating is supported by the airport being the only civilian airport serving Guam and an airport hub of Micronesia, and the “airport’s residual ratemaking framework, which allows for full recovery of operating and certain capital costs,” the Moody’s release stated.

  Moody’s latest rating . . .

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