Port of Houston Authority: Moody’s has updated the sale description and par amount for Port of Houston Authority (Harris County), TX’s Series 2020A&B bonds


Moody’s Investors Service has updated the sale description and par amount for Port of Houston Authority (Harris County), TX’s Series 2020A&B bonds to $6.6 million Unlimited Tax Refunding Bonds, Series 2020A-1 (Non-AMT), and $222.9 million Unlimited Tax Refunding Bonds, Series 2020A-2 (Non-AMT). Both series (2020A-1 and 2020A-2) were previously combined as Unlimited Tax Refunding Bonds, Series 2020A (Non-AMT) with a par amount of $261.2 million. The sale description on the $19.1 million Unlimited Tax Refunding Bonds, Series 2020B (Taxable) is unchanged but the par amount was updated resulting in a revised sale description of $19.5 million Unlimited Tax Refunding Bonds, Series 2020B (Taxable). The bonds were rated with a published report on June 9, 2020. The updated sale description does not affect the assigned Aaa rating.
Source: Moody’s



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