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Port Authority of New York and New Jersey's 174th Series Consolidated Bonds Assigned 'AA-' Rating

Published Sep 26, 2012

About This Report

Abstract:

NEW YORK (Standard&Poor's) Sept. 26, 2012--Standard&Poor's Ratings Services has assigned its 'AA-' rating to the Port Authority of New York and New Jersey's (PANYNJ) $2 billion consolidated bonds, 174th series. At the same time, Standard&Poor's affirmed its 'AA-' ratings on PANYNJ's existing consolidated bonds and its 'A-1+' short-term rating on the authority's approximately $384.3 million in commercial paper (CP) notes. Standard&Poor's also affirmed its 'AA-' rating on the series 1WTC-2011 New York Liberty Development Corp.'s liberty revenue bonds, which are on par with all of PANYNJ's consolidated bonds. In addition, Standard&Poor's affirmed its 'A+' rating on the series 2011 liberty revenue bonds (issued for the 4 World Trade Center project)

Report Type:

Ratings Action

Issuer

Port Authority of New York&New Jersey

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Port Authority of New York and New Jersey's 174th Series Consolidated Bonds Assigned 'AA-' Rating" Sep 26, 2012. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Port-Authority-of-New-York-and-New-Jersey-s-174th-Series-Consolidated-Bonds-Assigned-AA-Rating-1016093>

APA:	S&P Global Ratings’ Credit Research. (). Port Authority of New York and New Jersey's 174th Series Consolidated Bonds Assigned 'AA-' Rating Sep 26, 2012. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Port-Authority-of-New-York-and-New-Jersey-s-174th-Series-Consolidated-Bonds-Assigned-AA-Rating-1016093>

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