Fitch Affirms Adams Outdoor Advertising LP Secured Billboard Rev Notes Series 2014-1

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed four classes of Adams Outdoor Advertising Limited Partnership (LP) Secured Billboard Revenue Notes Series 2014-1. A detailed list of rating actions follows at the end of this release. The transaction represents a securitization in the form of notes backed by over 11,000 available outdoor advertising faces and other advertising displays as of September 2016. The ratings reflect a structured finance analysis of the cash flows from advertising s