ENGLEWOOD (S&P Global Ratings) March 2, 2023--S&P Global Ratings revised the outlook to stable from negative and affirmed its 'A' long-term rating and underlying rating (SPUR) on the San Francisco City and County Port Commission's revenue bonds outstanding, issued for the Port of San Francisco (the port or port commission). "The outlook revision reflects our expectation that generally recovered activity and revenue performance will continue to support the port's strong financial risk profile incorporating the very large capital plan and deferred maintenance," said S&P Global Ratings credit analyst Scott Shad. We could lower the rating if the commission fails to make meaningful progress in addressing its large capital improvement plan (CIP) and related deferred maintenance issues; or if revenue performance
