KBRA Releases Rating Report for Pennsylvania Turnpike Commission Turnpike Subordinate Revenue Refunding Bonds, First Series of 2024

On September 10, 2024, KBRA assigned a long-term rating of A+ to the Pennsylvania Turnpike Commission Turnpike Subordinate Revenue Refunding Bonds, First Series of 2024. KBRA additionally affirmed the long-term ratings of: AA- for the Commission's outstanding Turnpike Revenue Bonds; A+ for the Commission's outstanding Turnpike Subordinate Revenue Bonds; and, AA- for the Commission's outstanding Motor License Fund Enhanced Turnpike Subordinate Special Revenue Bonds. The rating Outlook is Stable for each obligation.

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