Moody’s Upgrades Canaveral Port Authority’s Revenue Bonds Rating

[By: Port Canaveral]

Moody’s Ratings has upgraded the Canaveral Port Authority’s revenue bonds to A2 and stable outlook as part of its annual Credit Opinion, noting that “the credit profile of Port Canaveral benefits from the Port’s position as the second busiest cruise port in the world and the strong cruise demand.”

According to the report, “The upgrade primarily …