Dick Larkin's Palm Beach Post Weekly Column: Planes and boats and trains – Airport bonds (Part 2 of 3)

Dick Larkin
Director of Credit Analysis
Stoever Glass & Co., Inc.
P: (862) 432-8818
E: dlarkin@stoeverglass.com

Like airports, there are two types of sea-based port facilities. General purpose ports depend on warehouse and storage rental fees, loading and unloading fees, and passenger fees for those ports that serve tourist cruise liners. Most bonds in this category are rated in the BBB to A categories, slightly more risky than airport bonds.........

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09/26/2016 | Like airports, there are two types of sea-based port facilities. General purpose ports depend on warehouse and storage rental fees, loading and unloading fees, and passenger fees for those ports that serve tourist cruise liners.
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