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Airport Magazine

Los Angeles Airport People Mover Bonds Rated

top story photo Fitch has assigned an A rating to the Los Angeles Department of Airports' upcoming $1.1 billion bond for the Los Angeles International Integrated Express Solutions automated people mover project senior lien revenue bonds.

Fitch currently rates the airport's revenue bond obligations, including a double A rating on $3.5 billion senior revenue bonds, and a double A minus rating on $2.27 billion subordinate revenue bonds. The rating outlook for all bonds is stable.

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