TRAFFIC ALERT: Overnight lane closures will take place June 14-18 from 8 p.m. to 4 a.m. on inbound Peña from E470 to Jackson Gap and outbound 11 p.m. to 6 a.m. Lane closures will also take place on outbound Peña (leaving DEN) near the West Terminal from June 15-19, from 11 p.m. to 6 a.m. each night. Please use caution and drive safely.
News and Press
DENVER – Nov. 18, 2025 – S&P Global Ratings recently affirmed the AA- rating of Denver International Airport’s (DEN) senior lien general airport revenue bonds (GARBs). S&P also affirmed that DEN’s bonds continue to have a “stable” outlook that reflect the airport’s record of meeting core financial targets and history of prudent financial management.
“S&P’s affirmation underscores DEN’s commitment to strong financial management practices, including a long track record of serving our debt, ensuring at least 500 days of cash on hand and remaining competitive within the market,” DEN CEO Phil Washington said. “Their rating also points to DEN’s anticipated growth, a driving force in the infrastructure improvements we continue to make as we thoughtfully prepare for 100 million annual passengers in the next several years, and up to 120 million by 2045.”
S&P’s justification stated that DEN’s credit profile reflects the airport’s “market position with a competitive cost structure, long-standing and growing role as a connecting hub for its largest airlines, and very limited competition for demand within its large and growing origination-and-destination (O&D) enplanement base with historically robust positive enplanement trends.” S&P also cited DEN’s lengthy record of achieving strong debt service coverage and ample available liquidity.
“The City and County of Denver prides itself on continuing to maintain strong credit ratings across our entire portfolio,” said the city’s chief financial officer, Nicole Doheny. “We have a long history of disciplined financial management and S&P’s reaffirmation of our airport ratings underscores our successful growth and fiscal strategies.”
Earlier this month, Moody’s rating agency affirmed DEN’s Aa3/A1 stable rating. And in August, Fitch Rating affirmed the AA- rating of DEN’s $3.9 billion senior airport revenue bonds and affirmed the A+ rating of DEN’s $3.1 billion subordinate lien bonds. Fitch also affirmed that DEN’s bonds continue to have a “positive outlook” that reflects strong financial performance.
Denver International Airport is one of the busiest airports in the world. DEN is the primary economic engine for the state of Colorado, generating more than $47.2 billion for the region annually. For more information visit www.FlyDenver.com, check us out on YouTube and Instagram, like us on Facebook and follow us on Twitter. Sign up for DEN’s monthly newsletter Nonstop News.
