Port of Seattle again receives ‘AAA’ rating from Standard and Poor’s

Rating agency cites port’s revenue structure, strong asset position

Standard and Poor’s has again given the Port of Seattle its highest possible rating for general obligation bonds. The rating agency affirmed the ‘AAA’ rating following a recent credit review.

Standard and Poor’s report notes that the Port of Seattle has a strong revenue structure that moderates the financial effects of economic fluctuations, and has developed reliable policy tools to assist with forecasting and budgeting – strengths reflected in the port’s steady performance during the current economic downturn.

View the complete report here.