Moody's gives Aa3 to Port Authority of N.Y and N.J.

Moody's Investors Service said it assigned an Aa3 underlying rating to the Port Authority of New York and New Jersey's $400 million of consolidated bonds, 152nd series.

The outlook is stable.

Sale of the bonds is expected on May 15.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.