Fitch Affirms ‘A’ Rating and Stable Outlook for Port Canaveral Revenue Bonds
Fitch Ratings affirmed an ‘A’ ranking for $13 million of outstanding revenue bonds, series 2006 A&B, and declared all Canaveral bonds as ‘stable.’ According to Fitch, the rating is attributed to Port Canaveral’s established operating history, cost management, sustained tourism-related revenue growth and corresponding favorable operating contracts.