Research Update: Port Authority Of New York&New Jersey 251st Series Consolidated Bonds Assigned ?AA-? Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research

Research Update: Port Authority Of New York&New Jersey 251st Series Consolidated Bonds Assigned ?AA-? Rating; Outlook Is Stable

Research Update: Port Authority Of New York&New Jersey 251st Series Consolidated Bonds Assigned ?AA-? Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research
Research Update: Port Authority Of New York&New Jersey 251st Series Consolidated Bonds Assigned ?AA-? Rating; Outlook Is Stable
Published Jan 27, 2026
10 pages (5434 words) — Published Jan 27, 2026
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA-' long-term rating to the Port Authority of New York&New Jersey 's (PANYNJ) pro forma $300 million 251st series consolidated bonds. We also affirmed our 'AA-' long-term rating and underlying rating (SPUR) on PANYNJ's consolidated bonds outstanding. In addition, we affirmed our 'AA-' long-term rating on New York Liberty Development Corp .'s series 1WTC-2021 liberty revenue bonds and our 'AA-' long-term rating on the Newark Housing Authority , N.J.'s series 2017 Port Authority-Port Newark Marine Terminal additional rent-backed refunding bonds. Finally, we affirmed our 'A+' long-term rating and SPUR on PANYNJ's series 2021A and 2021B liberty revenue bonds, based on the weakest link between New York City (AA/Stable) and the PANYNJ. The outlook

  
Brief Excerpt:

...S&P Global Ratings assigned its '##-' long-term rating to the Port Authority of New York & New Jersey's (PANYNJ) pro forma $300 million 251st series consolidated bonds....

  
Report Type:

Research Update

Issuer
Port Authority of New York&New Jersey
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Port Authority Of New York&New Jersey 251st Series Consolidated Bonds Assigned ?AA-? Rating; Outlook Is Stable" Jan 27, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Port-Authority-Of-New-York-New-Jersey-251st-Series-Consolidated-Bonds-Assigned-AA-Rating-Outlook-Is-Stable-3508493>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Port Authority Of New York&New Jersey 251st Series Consolidated Bonds Assigned ?AA-? Rating; Outlook Is Stable Jan 27, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Port-Authority-Of-New-York-New-Jersey-251st-Series-Consolidated-Bonds-Assigned-AA-Rating-Outlook-Is-Stable-3508493>
  
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