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

S&P Global Ratings has assigned its 'AA-' rating to the Port Authority of New York&New Jersey's (PANYNJ) 212th- 215th series consolidated bonds, using its "U.S. And Canadian Not-For-Profit Transportation Infrastructure Enterprises" criteria. The outlook is stable. At the same time, S&P Global Ratings affirmed its 'AA-' rating, with a stable outlook, on the PANYNJ's previously issued consolidated bonds. The new bonds will be on par with other consolidated bonds. The 212th series' bond proceeds will be allocated to the refunding of the PANYNJ's 154th series and 160th series consolidated bonds and refund other obligations. The 213th series' bond proceeds will refund the PANYNJ's 156th series and 161st series consolidated bonds. The 214th series' bond proceeds will fund capital

...S&P Global Ratings has assigned its '##-' rating to the Port Authority of New York & New Jersey's (PANYNJ) 212th- 215th series consolidated bonds, using its "U.S. And Canadian Not-For-Profit Transportation Infrastructure Enterprises" criteria. The outlook is stable. At the same time, S&P Global Ratings affirmed its '##-' rating, with a stable outlook, on the PANYNJ's previously issued consolidated bonds. The new bonds will be on par with other consolidated bonds. The 212th series' bond proceeds will be allocated to the refunding of the PANYNJ's 154th series and 160th series consolidated bonds and refund other obligations. The 213th series' bond proceeds will refund the PANYNJ's 156th series and 161st series consolidated bonds. The 214th series' bond proceeds will fund capital projects or refund other obligations. The 215th series' bond proceeds will fund any authorized purpose at the time of issuance. A portion of the proceeds from this proposed bond issuance will also be used to replenish...

Summary