NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the rating on Grain Spectrum Funding II, LLC, series 2014-1 notes (the series 2014-1 notes) as follows: --$194,325,000 series 2014-1 wireless spectrum-backed notes at 'A-sf'; Outlook Stable. TRANSACTION SUMMARY Proceeds from the series 2014-1 note issuance were used by Grain Spectrum Funding II, LLC (Grain II), the issuer, to finance the purchase of wireless spectrum licenses by the issuer's subsidiary Grain Spectrum III, LLC (Grain III) and to p
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