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Monday, June 18, 2018 - 19:18ET

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John Wayne Airport Bond Rating Affirmed

top story photo Fitch has affirmed the double A minus rating on $189 million in outstanding Orange County, California, revenue bonds issued on behalf of John Wayne Airport. The rating outlook is stable.

The rating is driven by the airport's strong coverage, robust liquidity, and continued enplanement growth supported by a strong origination/destination base within the affluent and stable Orange County region, Fitch said.

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