Fitch Ratings said it has downgraded approximately $4.7 billion in outstanding Dallas-Fort Worth International Airport joint revenue improvement bonds to A from A-plus and assigned an A rating to the $369.4 million series 2013A and $366.5 million, series 2013B joint revenue improvement bonds issued by the cities of Dallas and Fort Worth, Texas, on behalf of Dallas-Fort Worth International Airport.

Fitch has also revised the rating outlook for all bonds to stable from negative.

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