Moody's reviews amendments to lease underlying Los Angeles County Capital Asset Leasing Corporation Commercial Paper Notes

New York, March 27, 2015 -- Moody's Investors Service, at the request of the Los Angeles County Capital Leasing Corporation (the "Issuer"), has reviewed planned amendments dated as of April 1, 2015 (the "Amendments") to the Los Angeles County Capital Asset Leasing Corporation Lease Revenue Obligation Commercial Paper Notes Series A, Series B and Series C (the Notes). The Amendments remove certain parcels of real property from the definition of Property in the Second Amended and Restated Site Lease. The Amendments will not, in and of themselves and as of this time, result in reduction or withdrawal of Moody's ratings of the Notes. Moody's does not express an opinion as to whether the Amendments could have other, non credit-related effects.

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