NEW YORK–(BUSINESS WIRE)–On May 2, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term
rating of AA with a Stable Outlook to the Triborough Bridge and Tunnel
Authority (TBTA) General Revenue Bonds Series 2019A.
Concurrently, KBRA affirmed the long-term rating of AA with a Stable
Outlook on the TBTA’s outstanding general obligation bonds. KBRA also
affirmed the long-term rating of AA- with a Stable Outlook on the TBTA’s
outstanding subordinate revenue bonds.
Issuer: Triborough Bridge and Tunnel Authority (MTA Bridges and
|General Revenue Bonds, Series 2019A||AA||Stable|
|General Revenue Bonds||AA||Stable|
|Subordinate Revenue Bonds||AA-||Stable|
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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.
William Cox, Senior
Alice Cheng, Director
Cindy Wu, Senior Director