Tuesday, December 15 from 2:00 PM – 3:00 PM EST

Join us for Part II

Across the industry, airports are positioning themselves for recovery from the drop in both traffic levels and enplanements due to COVID-19. As a result of this, airports are experiencing uncertainty with their current and future bond ratings.

The Rating Agency Webinar will provide an opportunity for all four credit rating agencies, i.e. Fitch, Kroll, Moody’s, and S&P to share their views on the financial health of the U.S. and Canadian airport industry. Other topics we will explore include the rating agency’s views on what the shape of the recovery curve looks like, recent credit actions, and strategies to enhance airport credit rating.

Some airports have received a down grade in their ratings and would like to know how to prevent this from occurring in the future.  Due to the unprecedented nature of COVID-19 you may be interested in knowing how the rating agencies consider COVID-19 in their rating process.

These are a few issues that will be addressed at the Rating Agency Webinar. Come prepared to engage the rating agency representatives as we explore how to maintain or improve the credit ratings for your airport.

Speakers

Kurt Forsgren

Managing Director, U.S. Public Finance

S&P Global

Earl Heffintrayer

U.S. Airport Sector Lead Analyst

Moody’s Investors Service

Seth Lehman

Senior Director and Co-Head of Transportation North America

Fitch Ratings

Harvey Zachem

Managing Director, Public Finance

Kroll Bond Rating Agency

Moderated by

Henrietta Brown

CFO

Louis Armstrong New Orleans International Airport

Kathleen Sharman

CFO

Orlando International Airport

Registration is OPEN. Please follow the link above to register.

Member

$89

Non-Member

$199

Continuing Professional Education (CPE) Information

Learning objectives:

Participants will be able to:

  • Learn the rating agency’s views on what the shape of the recovery curve looks like, recent credit actions, and strategies to enhance airport credit rating.
  • Learn how the rating agencies consider COVID-19 in their rating process.

Course Level: The course level is intermediate. The finance webinar series are designed for individuals with a basic understanding of airport industry concepts and issues.

Prerequisite: Basic knowledge about airport business and financial management.

Advance Preparation: None.

Call participants are eligible to receive up to 1 hour of Finance CPE credit.

ACI-NA is registered with the National Association of State Boards of Accountancy  (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as refunds, cancellation and complaints, please contact Liying Gu at lgu@airportscouncil.org.