Irish government would bail out DAA, says ratings agency
S&P upgraded the Dublin Airport Authority from BBB+ to A-
The Irish government would bail out the Dublin Airport Authority if it needed to, according to ratings agency Standard and Poor’s (S&P), in its recent justification for upgrading the authority’s credit rating.
S&P upgraded the Dublin Airport Authority's credit rating from BBB+ to A-, based on its assessment that the company’s links with the state were now ‘strong’ rather than ‘limited’.
The ratings agency said that because of the strong links between the ...