NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency has assigned a short-term rating of K1+ to the Metropolitan Transportation Authority’s (MTA) Transportation Revenue Bond Anticipation Notes, Series 2017B in an approximate amount of $700 million. The Notes will be sold during the week of June 19, 2017.
KBRA also affirms the short-term rating of K1+ on the outstanding MTA Transportation Revenue Bond Anticipation Notes: Series 2017A-1; Series 2017A-2; Series 2015B-2e (Taxable); and Series 2015B-2f (Taxable).
To view the report, please click here.
Follow us on Twitter!
About Kroll Bond Rating Agency
KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).