Home Credit Ratings and Research S&P Global Ratings’ Credit Research Los Angeles Harbor Department

Summary: Los Angeles Harbor Department, California; CP; Ports/Port Authorities

Published Mar 24, 2011

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Abstract:

Standard&Poor's Ratings Services affirmed its 'AA' rating and underlying rating (SPUR) on the Los Angeles Harbor Department, Calif.'s senior-lien revenue bonds. In addition, Standard&Poor's affirmed its 'A-1+' rating on the port's commercial paper (CP) program. The ratings are based on our view of the port's continued very strong business position, stable portfolio of assets, and excellent historical financial performance. These bonds are rated among the highest of all transportation-related bonds that Standard&Poor's rates. The Port of Los Angeles' specific credit strengths include our view of: A dominant market position as the largest U.S. container port, with strong demand for its facilities as demonstrated by 7.8 million cargo containers (20-foot equivalent units, or TEUs, a

Report Type:

Summary

Issuer

Los Angeles Harbor Department

Sector

Public Finance

Country

United States

Region

United States

Format:

PDF

Summary: Los Angeles Harbor Department, California; CP; Ports/Port Authorities – 2011/05/13 – US$ 225.00

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S&P Corrects Rating On Los Angeles Harbor Department, CA's Series 1988 Bonds To 'AA+' – 2012/04/09 – US$ 150.00

Summary: Ribco Trust Los Angeles Harbor Department, California; Residual Certificates; Tender Option Certificates/Bonds – 2012/04/18 – US$ 225.00

S&P Corrects Rating On Los Angeles Harbor Department, CA's Series 1988 Bonds To 'A' – 2010/10/21 – US$ 150.00

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Summary: Los Angeles Harbor Department, California; CP; Ports/Port Authorities – 2010/06/30 – US$ 225.00

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Summary: Los Angeles Harbor Department, California; CP; Ports/Port Authorities – 2009/06/29 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Los Angeles Harbor Department, California; CP; Ports/Port Authorities" Mar 24, 2011. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Los-Angeles-Harbor-Department-California-CP-Ports-Port-Authorities-856449>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Los Angeles Harbor Department, California; CP; Ports/Port Authorities Mar 24, 2011. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Los-Angeles-Harbor-Department-California-CP-Ports-Port-Authorities-856449>

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