Home Credit Ratings and Research S&P Global Ratings’ Credit Research Port Authority of New York&New Jersey

Summary: Port Authority of New York and New Jersey; Appropriations; CP; Ports/Port Authorities

Published Apr 10, 2015

About This Report

Abstract:

Standard&Poor's Ratings Services has assigned its 'AA-' rating to the Port Authority of New York and New Jersey's (PANYNJ) 188th, 189th, and 190th series consolidated bonds. At the same time, Standard&Poor's affirmed its 'AA-' ratings on the PANYNJ's existing consolidated bonds and its 'A-1+' short-term rating on the authority's estimated $454 million in commercial paper (CP) notes (as of April 1, 2015). Standard&Poor's also affirmed its 'AA-' rating on the series 1WTC-2011 New York Liberty Development Corp.'s liberty revenue bonds, which are on par with all of the PANYNJ's consolidated bonds. In addition, Standard&Poor's affirmed its 'A+' rating on the series 2011 liberty revenue bonds (issued for the 4 World Trade Center

Report Type:

Summary

Issuer

Port Authority of New York&New Jersey

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

PDF

Port Authority Of New York&New Jersey $500 Million Series 191 Consolidated Bonds Rated 'AA-'; Outlook Stable – 2015/05/18 – US$ 150.00

Port Authority Of New York&New Jersey; Appropriations; CP; Ports/Port Authorities – 2015/05/18 – US$ 500.00

Summary: Port Authority Of New York&New Jersey; Appropriations; CP; Ports/Port Authorities – 2015/05/18 – US$ 225.00

S&P Reinstates Ratings On Morgan Stanley&Co. LLC Trust Series 2008-2920 Certificates – 2015/08/21 – US$ 150.00

Various Port Authority of New York&New Jersey Consolidated Bonds Assigned 'AA-' Rating – 2015/10/06 – US$ 150.00

Port Authority of New York and New Jersey; Appropriations; CP; Ports/Port Authorities – 2015/04/10 – US$ 500.00

Port Authority of New York and New Jersey's 188th, 189th, And 190th Bond Series Rated 'AA-' – 2015/04/10 – US$ 150.00

Summary: Tender Option Bond Series 2014-XF-0002 And 2014-XF-0010 Issued By fmsbonds Inc. Port Authority of New York&New Jersey; Residual Certificates; Tender Option Certificates/Bonds – 2015/01/06 – US$ 225.00

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11588 And 11589; Residual Certificates; Tender Option Certificates/Bonds – 2014/12/23 – US$ 225.00

fmsbonds, Inc.'s Series 2014-XF0001 Trust Floater Receipts Rated 'AA-/A-1', Residual Receipts Rated 'AA-' – 2014/11/24 – US$ 150.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Summary: Port Authority of New York and New Jersey; Appropriations; CP; Ports/Port Authorities" Apr 10, 2015. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Port-Authority-of-New-York-and-New-Jersey-Appropriations-CP-Ports-Port-Authorities-1394898>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Port Authority of New York and New Jersey; Appropriations; CP; Ports/Port Authorities Apr 10, 2015. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Port-Authority-of-New-York-and-New-Jersey-Appropriations-CP-Ports-Port-Authorities-1394898>

US$ 225.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.