Port Authority Of New York&New Jersey 227th Series Consolidated Bonds Assigned 'A+' Rating

FARMERS BRANCH (S&P Global Ratings) April 30, 2021--S&P Global Ratings assigned its 'A+' rating to the Port Authority of New York&New Jersey's (PANYNJ) approximately $187.4 million 227th series consolidated bonds. S&P Global Ratings also affirmed the following ratings: The 'A+' long-term rating on previously issued consolidated bonds; The 'A+' long-term rating on the consolidated notes series AAA; The 'A+' long-term rating on New York Liberty Development Corp.'s series 1WTC-2011; The 'A+' long-term rating on Newark Housing Authority, N.J.'s series 2017 Port Authority-Port Newark Marine Terminal additional rent-backed refunding bonds; The 'A' long-term rating on the PANYNJ's series 2011 liberty revenue bonds; and The 'A-1' short-term rating on the authority's commercial paper (CP) notes, reflecting the underlying rating on

...April 30, 2021 FARMERS BRANCH (S&P Global Ratings) April 30, 2021--S&P Global Ratings assigned its 'A+' rating to the Port Authority of New York & New Jersey's (PANYNJ) approximately $187.4 million 227th series consolidated bonds. S&P Global Ratings also affirmed the following ratings: - The 'A+' long-term rating on previously issued consolidated bonds; - The 'A+' long-term rating on the consolidated notes series ###; - The 'A+' long-term rating on New York Liberty Development Corp.'s series 1WTC-2011; - The 'A+' long-term rating on Newark Housing Authority, N.J.'s series 2017 Port Authority-Port Newark Marine Terminal additional rent-backed refunding bonds; - The 'A' long-term rating on the PANYNJ's series 2011 liberty revenue bonds; and - The 'A-1' short-term rating on the authority's commercial paper (CP) notes, reflecting the underlying rating on the PANYNJ and the authority's adequate liquidity support. The outlook, where applicable, is stable. "The rating and stable outlook reflect...

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