PANYNJ launches refinancing bonds
The Port Authority of New York and New Jersey have launched a bid for the sale of around $117m in consolidated bonds to help refinance existing debt.
The serial issues will mature from September 2010 through March 2020, with the majority of the securities being offered at one to four years.
They are rated Aa2 by Moody’s, the third-highest grade.
Related Articles
PORT & TERMINAL NEWS
OPERATIONS
PORT & TERMINAL NEWS