14-Sep-2009 10:34 AM

Fitch rates New York & New Jersey Port Authority bonds, outlook 'stable'

Fitch Ratings announced (11-Sep-2009) it has assigned the following ratings to the Port Authority of New York and New Jersey's bonds:

  • USD300 million of consolidated bonds, series 160: 'AA-';
  • USD11.78 billion consolidated bonds: 'AA-';
  • USD311.6 million versatile structure obligations series 1R, 3, 4 and 6: 'A+';
  • Rating Outlook: Stable. [more]