Fitch Ratings Assigns AA- Rating to Port Authority of New York and New Jersey Bonds Related to Freedom Tower
Fitch Ratings has assigned an ‘AA-‘ rating to the Port Authority of New York and New Jersey’s (the authority) $500 million of consolidated bonds 146th series (alternative minimum tax). The bonds sole competitively on Dec. 6, 2006. Bond proceeds will be applied to fund various capital plan projects.