Fitch Upgrades LA. MTA

Kelemen, Jasmina
October 2004
Bond Buyer;10/8/2004, Vol. 350 Issue 31986, p2
Trade Publication
Reports that Fitch Ratings Inc. has upgraded the outstanding Proposition C second senior sales tax revenue bonds of the Los Angeles County Metropolitan Transportation Authority (MTA) from A-plus to A. Assignment of same revenue ratings to parity revenue bonds issued by the MTA; Statement of Fitch Ratings regarding the upgrade; Commendation earned by the authority for its decision not to issue debt senior to the second senior bonds.


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