Standard&Poor's Ratings Services assigned its 'AA' rating to the Los Angeles Harbor Department, Calif.'s $29.1 million series 2005A, $29.5 million series 2005B, $122.0 million series 2005C1, $127.6 million series 2005C2, $96.7 million series 2006A, $114.9 million series 2006B, and $16.7 million series 2006C refunding revenue bonds, issued for the Port of Los Angeles. Additionally, Standard&Poor's affirmed its 'AA' rating on the port's outstanding $730.4 million senior lien revenue bonds. The rating is based on the Harbor Department's Port of Los Angeles' continued very strong business position, stable portfolio of assets, and excellent historical financial performance. This rating is among the highest of all Standard&Poor's transportation-related enterprises. The Port of Los Angeles' specific credit strengths
