Fitch Withdraws Ratings on Various LAX Airport (California) Bonds

CHICAGO--()--Fitch Ratings has withdrawn its long-term ratings for certain maturities on the following Los Angeles Department of Airports (Los Angeles International Airport) (LAX), CA bonds:

-- Refunding revenue bonds series 2008D;
-- Refunding revenue bonds series 2009B.

The rating was withdrawn because the above-referenced bonds were never issued.

The application of the following criteria was used to derive the rating of the above referenced bonds:

-- 'Rating Criteria for Infrastructure and Project Finance', dated Sept. 29, 2009;
-- Airports Rating Criteria Handbook for General Airport Revenue, PFC and Letter of Intent Bonds dated March 12, 2007.

All are available on the Fitch Ratings' web site at 'www.fitchratings.com' under the headers Global Infrastructure & Project Finance/Rating Criteria.

Additional information is available at 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Contacts

Fitch Ratings
Sandro Scenga, +1-212-908-0278 (New York)
sandro.scenga@fitchratings.com
Emari Wydick, +1-312-606-2308 (Chicago)
Seth Lehman, +1-212-908-0755 (New York)

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