Explore Massport Search Massport Business Finance Community Media About Massport COVID-19 ATTENTION: All Travelers (expand) SEC Disclaimer Materials that may be of interest to holders of bonds or notes issued by the Massachusetts Port Authority are presented in this section for general informational purposes only and are provided without warranty of any kind and, in particular, no representation or warranty, express or implied, is made or is to be inferred as to the accuracy, reliability, timeliness or completeness of any such information. The information set forth in the documents accessible from this page is limited in scope and does not contain all material information concerning the Authority's bonds or notes or the Authority necessary to make an informed investment decision. UNDER NO CIRCUMSTANCES SHALL THE INFORMATION IN THIS SECTION CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO SELL OR BUY ANY SECURITIES. OFFERS TO PURCHASE THE BONDS OR NOTES MAY ONLY BE MADE THROUGH A REGISTERED BROKER-DEALER AND THROUGH AN OFFICIAL STATEMENT. The documents presented address only the matters discussed therein, are each dated as of a certain date and have not been updated since that date and, as a result, may not address all factors that may be material to an investor and may contain material misstatements or omissions of fact because of the passage of time or changes in facts or circumstances subsequent to the date of such documents. Consequently, no person should make any investment decision in reliance upon the information contained in this section. If you have read, understand and agree with the above Disclaimer and wish to continue to the Site, confirm your agreement by clicking “AGREE” below. Agree SEC Disclaimer (expand) FINANCE Investor Relations Investor Relations Bond Official Statements Debt Policy Trust Agreements Retiree Benefits Trust Bond Ratings Enabling Act Notices Financial Publications The Massachusetts Port Authority ("Massport") is an independent public authority of the Commonwealth of Massachusetts, created by act of the legislature in 1956. Massport owns and operates Boston-Logan International Airport, L.G. Hanscom Field, Worcester Regional Airport and certain facilities within the Port of Boston. Massport has the power to issue revenue bonds and issue notes in anticipation thereof, to establish, revise and collect tolls and charges for the use of its facilities, and to maintain, repair and operate and to extend, enlarge and improve its facilities. Massport has the power to acquire property by purchase or through the exercise of eminent domain in certain circumstances. Massport has no taxing power. Massport's bonds and notes do not constitute a pledge of the faith and credit of the Commonwealth of Massachusetts or any political subdivision thereof. Accessible from this page are Massport's most current Statement of Financial Information and Statistical Data, prepared pursuant to Rule 15c2-12 of the Securities and Exchange Commission, and Massport's most current Consolidated Annual Financial Report ("CAFR"). Massport's Statements of Financial Information and Statistical Data and CAFRs for prior fiscal years may be accessed from Massport's Financial Publications page of the website. Massport IRMA Notice The following notice has been prepared and made available by the Massachusetts Port Authority (the “Authority”), in light of the Securities and Exchange Commission’s (“SEC”) “Municipal Advisor Rule” under Section 975 of Title IX of the Dodd-Frank Wall Street Reform and Consumer Protection Act. In accordance with SEC Rule 15Ba1-1(d)(3)(vi)(B), the Authority is represented by and will rely on the advice of its independent registered municipal advisor with respect to all aspects concerning the issuance of municipal securities and municipal financial products (not including the investment of bond proceeds, and otherwise as those terms are defined in the Municipal Advisor Rule). Currently, Public Financial Management, Inc (“PFM”) is acting as the Authority’s independent registered municipal advisor. PFM is a registered municipal advisor with the SEC and the MSRB. The primary contacts for PFM are: Brian Gallucci 50 California St. Suite 2300 San Francisco, CA 94111 415-982-5544 June Matte 99 Summer St. Suite 1020 Boston, MA 02110 617-339-6914 The Authority will rely upon the advice of PFM in reviewing any bond issuance or other financial proposals prepared by broker-dealers or underwriting firms. Any changes to the Authority’s financial advisor will be posted on the Authority’s investor relations website. Bond Official Statements The Authority's official statements. Debt Policy The Debt Issuance and Debt Management Policy establishes direction from the Board for the issuance and management of the Authority’s long and short-term debt. Trust Agreements The Authority issues debt according to the terms of its Trust Agreements that specify which revenues are pledged to repay the debt, and other terms. Bond Ratings The Authority’s bonds are rated by Moody’s, Standard and Poor’s and Fitch, three Nationally Recognized Statistical Rating Organizations. Enabling Act The Enabling Act allows the Authority to operate its facilities, impose fees on those using the facilities, and to issue revenue bonds. 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