Fitch on PANYNJ Bonds

Fitch Ratings “has assigned a ‘AA-‘ rating to the Port Authority of New York and New Jersey’s . . .  $236.405 million 199th series consolidated bonds. The Rating Outlook is Stable. The ratings reflect PANYNJ’s mature, diverse and monopolistic transportation infrastructure asset base that provides critical service to the strong New York City metro area, supported further by a conservative debt structure.”