Tag Archives: revenue bonds

Port of Brownsville Bonds Maintain A2 Moody’s Rating

Moody’s Investor Services assigned a stable outlook to the Brownsville Navigation District and reaffirmed a high “A2” credit rating on its revenue bonds. The stable outlook reflects Moody’s view that “the port will maintain ample liquidity supported by strong operating cash flow margins.” Moody’s noted the Port of Brownsville’s “competitive position for cross border trade as well as the upside potential of near-term projects at the port and major private…

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Port of Brownsville Maintains A2 Moody’s Rating

Port of Brownsville financial resilience

Moody’s Investor Services recently assigned a stable outlook to the Brownsville Navigation District by reaffirming it with a high “A2” credit rating on its revenue bonds. The stable outlook reflects Moody’s view that “the port will maintain ample liquidity supported by strong operating cash flow margins.” Moody’s noted the Port of Brownsville’s “competitive position for cross border trade as well as the upside potential of near-term projects at the port…

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