On 27 August 2019, ratings agency Standard & Poor’s (S&P) raised their long-term issuer credit rating on Port of Tauranga Limited (POT) from “BBB+” to “A-“. S&P have also affirmed POT’s “A-2” short-term rating.
This upgrade to POT’s long-term credit rating reflects POT has consolidated its competitive position within New Zealand on the back of strategic investments and constrained competitors.
For further details, please contact:
Steve Gray
Chief Financial Officer
Port of Tauranga Limited
Ph: 07 572 8805
