Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook on the Metropolitan Transportation Authority’s (MTA) Transportation Revenue Bonds, Subseries 2014D-2 (SIFMA Floating Rate Tender Notes). KBRA has also taken rating actions on the series/bonds listed in the table located in the report. KBRA’s ratings do not apply to bonds backed by a letter of credit or liquidity facility. For mapping of the long-term rating to the short-term rating, please refer to the short-term KBRA Rating Scale.
KBRA’s long-term rating for MTA is based on the U.S. Public Toll Roads, Bridges, & Tunnels Rating Methodology. Please see our initial rating report published on May 8, 2015, Metropolitan Transportation Authority Transportation Revenue Bonds, for a full discussion of the credit.
To access the full report, please click on the link below:
MTA Transportation Revenue Bonds, Subseries 2014D-2 (SIFMA Floating Rate Tender Notes)
If you have any difficulties accessing the report, please contact [email protected] or visit www.kbra.com.