pdf-articles Ratings /ratings/en/research/pdf-articles/180806-green-evaluation-denver-airport-system-subordinate-revenue-bonds-series-2018a-and-2018b-aug-6-2018 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Green Evaluation: Denver Airport System Subordinate Revenue Bonds Series 2018A and 2018B, Aug. 6, 2018

The Department of Aviation of the City and County of Denver, Colorado (Denver) owns and operates the Denver International Airport (DEN). Denver is issuing $2.3 billion in airport system subordinate revenue bonds maturing in December 2048. A portion of the proceeds of the series 2018A and 2018B bonds will be used for capital investments under the 2018-2022 Capital Improvement Plan (CIP), including to expand and rehabilitate the airport's concourses and Great Hall, as well as to improve other facilities. While other portions of the CIP will have environmental impacts and may be within the scope of our analytical approach, per the issuer's request, our Green Evaluation's exclusive focus is the projects related to the expansions of Concourses A, B, and C, which are being built to LEED Gold standards. For this reason, we are only evaluating $921.75 million (or 41%) of the proceeds of the series 2018A, 2018B, and 2018C issuance.

Download

Register with S&P Global Ratings

Register now to access exclusive content, events, tools, and more.

Go Back