Fitch Ratings affirms ‘A’ rating on JAXPORT bonds
May 30, 2012
Fitch Ratings has affirmed its long-term 'A' rating on JAXPORT’s outstanding 2008 revenue bonds, citing the port’s strategic location, intermodal connectivity and diverse revenue base.
"This affirmation underscores our progress in growing JAXPORT's brand, taking advantage of important shifts in world trade and continuing to practice good expense side management,” said JAXPORT CEO Paul Anderson. “We are encouraged by growth in our core business segments and optimistic that these trends will continue through the rest of our fiscal year.”
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