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KBRA Assigns AA+ Rating with Stable Outlook to the MTA TRBs Series 2018A-1 & 2018A-2 and K1+ Rating to Transportation Revenue BANs Series 2018AKroll Bond Rating Agency (KBRA) has assigned a long-term rating of AA+ with a Stable Outlook to the Metropolitan Transportation Authority's (MTA) Transportation Revenue Bonds (TRBs), Series 2018A-1 and 2018A-2 (Mandatory Tender Bonds). KBRA has also assigned a short-term rating of K1+ to the MTA's Transportation Revenue Bond Anticipation Notes (BANs), Series 2018A. KBRA has affirmed the long-term rating of AA+ with a Stable Outlook on the MTA's outstanding Transportation Revenue Bonds. KBRA has also affirmed the short-term rating of K1+ on the following outstanding MTA's BANs: Series 2015A-2F, Series 2017B, and Series 2017C.
KBRA's long-term rating for the MTA is based on the U.S. Public Toll Roads, Bridges, & Tunnels Rating Methodology. For mapping of the long-term rating to the short-term rating, please refer to the short-term KBRA Rating Scale. To access the full report, click here. CONNECT WITH KBRA
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 recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and 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: http://www.businesswire.com/news/home/20180112005681/en/ |