NEW YORK--(BUSINESS WIRE)--On March 12, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Negative Outlook to the Metropolitan Transportation Authority (MTA) Transportation Revenue Bonds, Subseries 2012A-3 (SIFMA Floating Rate Tender Notes).
Concurrently, KBRA affirmed the long-term rating of AA+ with a Negative Outlook on the MTA’s outstanding Transportation Revenue Bonds. KBRA also affirmed the short-term rating of K1+ on the MTA’s outstanding Transportation Revenue Bond Anticipation Notes.
| Issuer: Metropolitan Transportation Authority | ||||
| Assigned | Rating(s) | Outlook | ||
|
Transportation Revenue Bonds, Subseries 2012A-3
(SIFMA Floating Rate Tender Notes) |
AA+ | Negative | ||
| Affirmed | Rating(s) | Outlook | ||
| Transportation Revenue Bonds | AA+ | Negative | ||
| Transportation Revenue Bond Anticipation Notes, Series 2017C (maturing 5/15/2019) | K1+ | n/a | ||
| Transportation Revenue Bond Anticipation Notes, Series 2018A (maturing 8/15/2019) | K1+ | n/a | ||
| Transportation Revenue Bond Anticipation Notes, Series 2018B Subseries 2018B-1 (maturing 5/15/2020) | K1+ | n/a | ||
| Transportation Revenue Bond Anticipation Notes, Series 2018B Subseries 2018B-2 (maturing 5/15/2021) | K1+ | n/a | ||
| Transportation Revenue Bond Anticipation Notes, Series 2018C-1 (maturing 9/1/2020) | K1+ | n/a | ||
| Transportation Revenue Bond Anticipation Notes, Series 2018C-2 (maturing 9/1/2021) | K1+ | n/a | ||
| Transportation Revenue Bond Anticipation Notes, Series 2019A (maturing 2/3/2020) | K1+ | n/a | ||
To view this report, click here.
For mapping of the long-term rating to the short-term rating, please refer to the Short-Term KBRA Rating Scale.
Methodology:
CONNECT WITH KBRA
Twitter
LinkedIn
Download
the iOS App
YouTube
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.
