Summary: Port Authority of New York&New Jersey; Appropriations; CP; Note; Ports/Port Authorities; Transit

S&P Global Ratings assigned its 'AA-' rating to the Port Authority of New York&New Jersey's (PANYNJ) pro forma $150 million 233rd (tax-exempt non-AMT), $250 million 234th (AMT), and $50 million 235th (taxable) series consolidated bonds. In addition, we affirmed our 'AA-' long-term and underlying rating (SPUR) on PANYNJ's existing consolidated bonds outstanding. We affirmed our 'AA-' long-term rating on the PANYNJ's series AAA consolidated notes. We affirmed our 'AA-' long-term rating on New York Liberty Development Corp.'s series 1WTC-2021 liberty revenue bonds. We affirmed our 'AA-' long-term rating on Newark Housing Authority, N.J.'s series 2017 Port Authority-Port Newark Marine Terminal additional rent-backed refunding bonds. We affirmed our 'A+' long-term rating on the PANYNJ's series 2021A liberty revenue bonds

...+ S&P Global Ratings assigned its '##-' rating to the Port Authority of New York & New Jersey's (PANYNJ) pro forma $150 million 233rd (tax-exempt non-AMT), $250 million 234th (AMT), and $50 million 235th (taxable) series consolidated bonds. + In addition, we affirmed our '##-' long-term and underlying rating (SPUR) on PANYNJ's existing consolidated bonds outstanding. + We affirmed our '##-' long-term rating on the PANYNJ's series ### consolidated notes. + We affirmed our '##-' long-term rating on New York Liberty Development Corp.'s series 1WTC-2021 liberty revenue bonds. + We affirmed our '##-' long-term rating on Newark Housing Authority, N.J.'s series 2017 Port Authority-Port Newark Marine Terminal additional rent-backed refunding bonds. + We affirmed our 'A+' long-term rating on the PANYNJ's series 2021A liberty revenue bonds based on the weakest link between New York City and the PANYNJ. + We affirmed our 'A-1+' short-term rating on the authority's commercial paper (CP) notes based...

Summary