Port Authority Of New York And New Jersey; Airport; CP; Ports/Port Authorities - S&P Global Ratings’ Credit Research

Port Authority Of New York And New Jersey; Airport; CP; Ports/Port Authorities

Port Authority Of New York And New Jersey; Airport; CP; Ports/Port Authorities - S&P Global Ratings’ Credit Research
Port Authority Of New York And New Jersey; Airport; CP; Ports/Port Authorities
Published May 06, 2008
Published May 06, 2008
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Abstract:

Standard&Poor's Ratings Services assigned its 'AA-' rating, and stable outlook, to the Port Authority of New York and New Jersey's (PANYNJ) series 152 consolidated bonds. At the same time, Standard&Poor's affirmed its 'AA-' rating and underlying rating (SPUR) on the Port Authority's existing consolidated bonds and consolidated notes, its 'A-1+' rating on the Port Authority's commercial paper (CP) notes, and its 'A+/A-1+' split rating on the Port Authority's series one to six versatile structure obligations (VSOs). The short-term component on the series one to six VSOs reflects the ratings of the respective liquidity banks providing liquidity to each series. All of the VSO series are payable from the proceeds of obligations of the Port Authority (including

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Port Authority Of New York And New Jersey; Airport; CP; Ports/Port Authorities" May 06, 2008. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Port-Authority-Of-New-York-And-New-Jersey-Airport-CP-Ports-Port-Authorities-646735>
  
APA:
S&P Global Ratings’ Credit Research. (). Port Authority Of New York And New Jersey; Airport; CP; Ports/Port Authorities May 06, 2008. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Port-Authority-Of-New-York-And-New-Jersey-Airport-CP-Ports-Port-Authorities-646735>
  
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