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S&P Global Ratings Affirms Halifax Port Authority’s A+ Credit Rating

Fri August 18, 2017

Release sent by the Halifax Port Authority.

This news release was originally sent out on August 18, 2017.

S&P Global Ratings has affirmed Halifax Port Authority’s investment-grade credit rating of ‘A+’ as strong financial performance continues.

“The Halifax Port Authority has developed, and currently operates from a diversified revenue base generating strong and consistent cash flow. The affirmation of our ‘A+’ investment-grade credit rating from Standard & Poor’s is confirmation of the strength of that cash flow,” said Paul MacIsaac, Senior Vice President, Halifax Port Authority. “We remain committed to creating the conditions for sustainable economic development.”

The Port of Halifax is Canada’s Ultra Atlantic Gateway, connecting to more than 150 countries and generating over $1.7 billion in annual economic benefit from a diverse cargo and cruise business. 

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