CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB+' rating to The City of San Antonio Airport's (SAT) $124.2 million Series 2015 Customer Facility Charge (CFC) Revenue Bonds for a new Consolidated Rental Car (CONRAC) Special Facilities Project. The Rating Outlook is Stable. KEY RATING DRIVERS The rating reflects the rental car market's monopoly to provide San Antonio visitors with transportation services and increased efficiency from a new on-airport connected CONRAC facility, as well
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