Business Daily.
.
A+ R A-

Fitch Rates Harbor Dept. of Los Angeles, CA's Rev Bonds 'AA'; Outlook Stable

E-mail Print PDF
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA' rating to the Harbor Department of Los Angeles, California's (Port of Los Angeles, or POLA) $38.7 million refunding revenue bonds series 2015 A (Non-AMT). In addition, Fitch has affirmed the 'AA' rating for approximately $965.4 million of parity revenue bonds. The Rating Outlook is Stable. The 'AA' rating reflects POLA's leading market position, with stable revenues underpinned by long-term contractual guarantees adequate to cover mo

imageimage
Grow Your Business with Times Media
Business Daily Media