KBRA Assigns Long-Term Rating of AA With Stable Outlook to the TBTA General Revenue Refunding Bonds, Series 2019B (Federally Taxable)

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) General Revenue Refunding Bonds, Series 2019B (Federally Taxable).

Concurrently, KBRA affirms the long-term rating of AA with a Stable Outlook on the TBTA’s outstanding general obligation bonds. KBRA also affirms the long-term rating of AA- with a Stable Outlook on the TBTA’s outstanding subordinate revenue bonds.

To view the report, click here.

Methodology Used:

• U.S. Public Toll Roads, Bridges & Tunnels Revenue Bond Rating Methodology

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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. KBRA is also 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.

Contacts

Analytical:

Alice Cheng, Director

(646) 731-2403

acheng@kbra.com

Cindy Wu, Senior Director

(646) 731-2304

cwu@kbra.com

William Cox, Senior Managing Director

(646) 731-2472

wcox@kbra.com