Standard&Poor's Ratings Services has assigned its 'AA-' rating to the Port Authority of New York and New Jersey's (PANYNJ, or the port authority) $350 million consolidated bonds 142nd series. The ratings on $8.4 billion in outstanding consolidated bonds and notes and $258 million in CP notes issued by the port authority have been affirmed. In addition, Standard&Poor's has affirmed its 'A+' long-term rating on the outstanding $532 million versatile structure obligations (VSO) series 1-6. The 'A-1+' short-term rating on the VSOs is based on the ratings of each respective liquidity bank providing liquidity to each series. The VSOs are payable from the proceeds of obligations of the PANYNJ (including consolidated bonds) or from the net revenues
