Municipal Bond Credit Report: Los Angeles airports upgraded ahead of pricing

Municipal Bond Credit Report: Los Angeles International Airport received a Moody’s ratings boost ahead of plans to price $650 million to help fund its $11.9 billion capital program through 2024.LAX’s $3.4 billion in senior revenue bonds were upgraded by Moody’s to Aa2 from Aa3 Monday and $2.7 billion in subordinate revenue bonds upgraded to Aa3 from A1…. Link to Story