NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'F1' rating to the Department of Airports of the City of Los Angeles, CA subordinate revenue commercial paper notes, subseries A-3 (Governmental - Non-AMT), subseries B-3 (Private Activity - AMT), subseries C-3 (Federally Taxable) and subseries D-3 (Private Activity - Non-AMT) (notes). The subseries A-3, B-3, C-3 and D-3 notes had previously been rated by Fitch based on the support of an irrevocable direct pay letter of credit (LOC) provided b
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