Fitch rates Los Angeles G.O. bonds AA

Fitch Ratings said it assigned an AA rating to the $101 million series 2008-A general obligation bonds issued by the city of Los Angeles.

The bonds will be sold competitively Aug. 6.

Fitch also affirmed its AA rating on $1.3 billion in outstanding parity G.O. bonds and AA- ratings on $9.2 million in judgment obligation bonds, $800.2 million in Municipal Improvement Corp. certificates of participation, $423.5 million in Los Angeles Convention and Exhibition Center Authority series 2003A-F lease revenue bonds and lease revenue bonds series 2006-A, 2007-A, 2007-B1 and 2007-B2.

The outlook for all obligations is stable.

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