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 $300 million 236th and $100 million 237th series consolidated bonds. In addition, we affirmed our 'AA-' long-term and underlying rating (SPUR) on the 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 and 2021B liberty revenue bonds based on the weakest

...+ S&P Global Ratings assigned its '##-' rating to the Port Authority of New York & New Jersey's (PANYNJ) pro forma $300 million 236th and $100 million 237th series consolidated bonds. + In addition, we affirmed our '##-' long-term and underlying rating (SPUR) on the 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 and 2021B 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 on the PANYNJ SPUR and the authority's adequate...

Summary