DELAWARE RIVER AND BAY AUTHORITY: S&P Global Ratings, Moody’s Reaffirm DRBA Bond Ratings; DRBA to Issue $180 Million Series 2019 Revenue Bonds
Today, Delaware River and Bay Authority (DRBA) officials announced that independent credit agencies, S&P Global Ratings (S&P) and Moody’s Investors Service (Moody’s), affirmed the bi-state agency’s bond ratings of ‘A’ and ‘A1’ respectively on both the DRBA’s long-term underlying rating (SPUR) on revenue bonds outstanding and the proposed $180 million Series 2019 Revenue Bonds. Read More »