KBRA Releases Report Assigning a Long-Term Rating of AA+ with a Stable Outlook to the Bi-State Development Agency of the MO-IL Metropolitan District Combined Lien Mass Transit Sales Tax Appropriation Refunding Bonds, Series 2019

NEW YORK–(BUSINESS WIRE)–On August 28, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook to the Bi-State Development Agency of the MO-IL Metropolitan District Combined Lien Mass Transit Sales Tax Appropriation Refunding Bonds, Series 2019.

Concurrently, KBRA assigned a long-term Rating of AA+ with a Stable Outlook to the Bi-State Development Agency of the MO-IL Metropolitan District’s outstanding Combined Lien Mass Transit Sales Tax Appropriation Bonds.

To view the report, click here.

Related Publications: (available at www.kbra.com)

• U.S. Special Tax Revenue Bond Rating Methodology
• U.S. State Annual Appropriation Obligation 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:

Linda Vanderperre, Senior Director

(646) 731-2482

lvanderperre@kbra.com

Alice Cheng, Director

(646) 731-2403

acheng@kbra.com