Mobile and Baldwin County News
Fitch Ratings has upgraded the bond rating of the Alabama State Port Authority, an endorsement of the financial footing behind the agency that runs the Port of Mobile and a…
U.S. Sen. Tommy Tuberville toured the Alabama Port Authority as the Port of Mobile advances a $735 million capital improvement plan and reports strengthening finances.
Fitch Ratings upgraded the Alabama Port Authority's dock facility revenue bonds to \u201cA-\u201d from \u201cBBB+,\u201d citing stronger debt coverage and a more diversified revenue base at the Port of Mobile.
Fitch Ratings upgraded the Alabama Port Authority's bond rating to "A-" with a stable outlook, citing stronger finances and growing revenue diversification beyond coal and steel.