#operations

Port Canaveral Authority Obtains A+ Rating from Fitch Ratings

Fitch Ratings upgraded the Port Canaveral Authority's revenue bonds to A+ with a stable outlook. The upgrade reflects the port's sustained growth, supported by minimum annual guarantees with cruise and cargo operators, and a conservative debt structure. The port is investing nearly one billion dollars in capital improvements over the next five years through the Port Canaveral Advantage program.