TMCnet News
KBRA Releases Rating Report for the MTA Transportation Revenue Variable Rate BondsOn October 17, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook to the Metropolitan Transportation Revenue Variable Rate Refunding Bonds, Subseries 2002G-1f (LIBOR FRTN) and Transportation Revenue Variable Rate Bonds, Subseries 2005D-1 (LIBOR FRTN). Concurrently, KBRA affirmed the long-term rating of AA+ with a Stable Outlook on MTA's outstanding Transportation Revenue Bonds. KBRA also affirmed the short-term rating on MTA's outstanding Transportation Revenue Bond Anticipation Notes, Series 2017C, 2018A, 2018B, and 2018C.
Methodology: U.S. Public Toll Roads, Bridges & Tunnels Revenue Bond Rating Methodology To view the report, click here.
CONNECT
Twitter About KBRA and KBRA Europe KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA. View source version on businesswire.com: https://www.businesswire.com/news/home/20181018005797/en/ |