Fitch upgrades Port of Oakland’s outlook

Fitch Ratings has affirmed the bond ratings for the Port of Oakland and upgraded the Port’s outlook from stable to positive.

Fitch has affirmed the following ratings for the Port’s debt:

  • A+ for senior lien revenue bonds
  • A for intermediate lien revenue bonds
  • A for the underlying bank bond rating for the Port’s commercial paper notes

“These bond ratings reflect the Port’s unwavering commitment to prudent financial management and stability. They are a testament to the dedication and professional...

https://container-news.com/fitch-upgrades-port-of-oaklands-outlook/

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