Kroll Bond Rating Agency Assigns a Long-Term Rating of AA- with a Stable Outlook to the Chicago Transit Authority’s Second Lien Sales Tax Receipts Revenue Bonds, Series 2017

NEW YORK--()--Kroll Bond Rating Agency (KBRA) has assigned a long-term rating of AA- with a Stable outlook to the Chicago Transit Authority’s Second Lien Sales Tax Receipts Revenue Bonds, Series 2017.

KBRA also affirms the long-term rating of AA with a Stable Outlook on the Chicago Transit Authority’s Sales Tax Receipts Revenue Bonds.

This rating is based on KBRA’s U.S. Special Tax Revenue Bond Rating Methodology. Further information may be found in the Chicago Transit Authority Sales Tax Receipts Revenue Bonds, Series 2014 rating report published on June 9, 2014 and Chicago Transit Authority 2015 Transportation Infrastructure Finance and Innovation Act (“TIFIA”) Loan rating report published on January 30, 2015.

To view the report click here.

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).

Contacts

Kroll Bond Rating Agency
Analytical:
Alessandra D’Imperio, 646-731-2383
Senior Director
adimperio@kbra.com
or
Gyliane Morgan, 646-731-2442
Director
gmorgan@kbra.com
or
Justin Schneider, 646-731-2453
Analyst
jschneider@kbra.com
or
Follow us on Twitter!
@KrollBondRating

Contacts

Kroll Bond Rating Agency
Analytical:
Alessandra D’Imperio, 646-731-2383
Senior Director
adimperio@kbra.com
or
Gyliane Morgan, 646-731-2442
Director
gmorgan@kbra.com
or
Justin Schneider, 646-731-2453
Analyst
jschneider@kbra.com
or
Follow us on Twitter!
@KrollBondRating