S&P Global Ratings assigned its 'A' long-term rating to Miami-Dade County's pro forma $792.9 million series 2018A-C aviation revenue refunding bonds issued for Miami International Airport (MIA) using its "U.S. And Canadian Not-For-Profit Transportation Infrastructure Enterprises" (TIE) criteria. At the same time, S&P Global Ratings affirmed its 'A' rating on the county's aviation revenue bonds issued for MIA. The outlook is stable. Bond proceeds, together with other legally available funds, will refund aviation revenue bonds outstanding for debt service savings without extending maturities. The rating reflects our opinion of the airport's very strong enterprise risk profile and adequate financial risk profile. The rating also reflects a one-notch positive adjustment using a holistic analysis. The positive adjustment reflects the financial and
