Moody's upgrades Los Angeles International Airport Enterprise's (CA) senior lien to Aa2, subordinate lien to Aa3; outlook is stable
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Moody’s Investors Service has upgraded Los Angeles Department of Airports - Los Angeles International Airport Enterprise’s $3.4 billion Senior Revenue Bonds to Aa2 from Aa3 and $2.7 billion Subordinate Revenue Bonds to Aa3 from A1. Concurrently, Moody’s assigned Aa3 to the $483.3 million Subordinate Revenue Bonds, 2018 Series D and the $166.7 million Subordinate Revenue Bonds, 2018 Series E. The outlook is stable.