Airport Sale RFQ Date Set

The Puerto Rico Public-Private Partnership and the Puerto Rico Ports Authority have set Aug. 8 as the due date for responses to a request for qualifications for a privatization of Luis Munoz Marín International Airport in San Juan.

A committee will scrutinize proposals for inclusion on a short list. The winner will receive a 40-to-50 year contract.

The San Juan airport is one of four airports in a pilot privatization program run by the Federal Aviation Administration.

Moody’s Investors Service rates Puerto Rico’s general obligation bonds A3. Standard & Poor’s rates them triple-B and Fitch Ratings rates them BBB-plus.

For reprint and licensing requests for this article, click here.
Transportation industry Puerto Rico
MORE FROM BOND BUYER