Standard&Poor's Ratings Services has assigned its 'AA-' rating to the Port Authority Of New York And New Jersey's (PANYNJ or the authority) series 153 consolidated bonds. The outlook is stable. At the same time, Standard&Poor's affirmed its 'AA-' rating and underlying rating (SPUR) on the authority's existing consolidated bonds and consolidated notes, its 'A-1+' rating on the authority's commercial paper (CP) notes, and its 'A+/A-1+' split rating on the authority's series 1-6 versatile structure obligations (VSOs). The short-term component on the series 1-6 VSOs reflects the ratings of the respective liquidity banks providing liquidity to each series. All of the VSO series are payable from the authority's proceeds of obligations (including consolidated bonds) or the net
