Port of Oakland, CA's $514 Million Intermediate Lien Rev Bonds Rated 'A'; Outlook Stable - S&P Global Ratings’ Credit Research

Port of Oakland, CA's $514 Million Intermediate Lien Rev Bonds Rated 'A'; Outlook Stable

Port of Oakland, CA's $514 Million Intermediate Lien Rev Bonds Rated 'A'; Outlook Stable - S&P Global Ratings’ Credit Research
Port of Oakland, CA's $514 Million Intermediate Lien Rev Bonds Rated 'A'; Outlook Stable
Published Oct 05, 2007
703 words — Published Oct 05, 2007
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Abstract:

SAN FRANCISCO (Standard&Poor's) Oct. 5, 2007--Standard&Poor's Ratings Services assigned its 'A' rating to the Port of Oakland, Calif.'s $514.34 million series 2007A, 2007B, and 2007C intermediate lien refunding revenue bonds. In addition, Standard&Poor's affirmed its 'A+' rating on the port's outstanding senior lien revenue bonds. The outlook is stable. "The port shows excellent diversity in its revenue base, including the airport, marine port, and commercial real estate divisions," said Standard&Poor's credit analyst Robert Hannay. "The series 2007 refunding bonds represent the port's first debt issuance under its new intermediate lien. Future senior and intermediate lien bond issues are planned as part of the port's capital improvement program." The bonds are secured by

  
Brief Excerpt:

RESEARCH Port of Oakland, CA's $514 Million Intermediate Lien Rev Bonds Rated 'A'; Outlook Stable Publication date: 05-Oct-2007 Primary Credit Analyst: Robert Hannay, San Francisco; robert_hannay@standardandpoors.com Secondary Credit...

  
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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Port of Oakland, CA's $514 Million Intermediate Lien Rev Bonds Rated 'A'; Outlook Stable" Oct 05, 2007. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Port-of-Oakland-CA-s-514-Million-Intermediate-Lien-Rev-Bonds-Rated-A-Outlook-Stable-606329>
  
APA:
S&P Global Ratings’ Credit Research. (). Port of Oakland, CA's $514 Million Intermediate Lien Rev Bonds Rated 'A'; Outlook Stable Oct 05, 2007. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Port-of-Oakland-CA-s-514-Million-Intermediate-Lien-Rev-Bonds-Rated-A-Outlook-Stable-606329>
  
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