S&P Global Ratings assigned its 'A' long-term rating to Miami-Dade County's approximately $17.5 million aviation revenue refunding bonds, series 2019C (non-AMT), approximately $9.7 million aviation revenue refunding bonds, series 2019D (non-AMT), and approximately $315.5 million aviation revenue refunding bonds, taxable series 2019E issued for Miami International Airport (MIA). The outlook is stable. The rating reflects our opinion of the airport's very strong enterprise risk profile and adequate financial risk profile. The rating also incorporates a one-notch positive adjustment, using a holistic analysis reflecting the financial and operational resilience of a large connecting hub airport with maintenance of financial performance and relatively high activity through a range of economic conditions. This is despite competition from Fort Lauderdale International Airport (FLL) and