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Fitch Rates LAX Airport´s $626.3MM Senior Revs ´AA´; $250MM Sub Revs ´AA-´

                   
euroinvestor.co.uk
10-Jul-2008
        
Story Timeline:  96 days

Fitch Ratings has assigned the following ratings to the Department of Airports of the City of Los Angeles, California, Los Angeles International Airport´s (LAX) senior and subordinate revenue bonds: --$618 million senior revenue bonds 2008 series A (AMT) ´AA´ --$8.3 million senior revenue refunding bonds 2008 series B (AMT) ´AA´ --$250 million subordinate revenue bonds 2008 series C (Non-AMT) ´AA-´ --Senior refunding revenue bonds 2008 series D (Non-AMT) ´AA´ (subject to market conditions). The bonds are scheduled for negotiated sale on or about July 23, 2008. The 2008 series A bonds will fund interior improvements at the Tom Bradley International Terminal (TBIT), the 2008 series B bonds will refund the 1995 series D bonds, and the 2008 series C bonds will fund the South Airfield Improvement Program (SAIP). The airport may... [read full story]                    

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ad-hoc-news.de
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finanznachrichten.de
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earthtimes.org
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ad-hoc-news.de
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wallstreet-online.de
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