Press Release|Public Finance

KBRA Releases Rating Report for Triborough Bridge and Tunnel Authority Payroll Mobility Tax Senior Lien Green Bonds, Series 2024 (Climate Bond Certified)

1 May 2024   |   New York


On April 30, 2024, KBRA assigned a long-term rating of AA+ to the Triborough Bridge and Tunnel Authority's ("TBTA’s") Payroll Mobility Tax ("PMT") Senior Lien Green Bonds, Series 2024B (Climate Bond Certified), consisting of Subseries 2024B-1, Subseries 2024B-2, and Subseries 2024B-3 (Mandatory Tender Bonds). The Outlook is Stable. Concurrently, KBRA affirmed the AA+ rating and Stable outlook on parity TBTA PMT Senior Lien Bonds and affirmed the short-term ratings of K1+ on TBTA PMT Bond Anticipation Notes and K1+ on MTA PMT Bond Anticipation Notes.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1004168

805 Third Avenue
29th Floor
New York, NY 10022
+1 (212) 702-0707
Contact Us

© 2010-2024 Kroll Bond Rating Agency, LLC. All Rights Reserved. Kroll Bond Rating Agency, LLC is not affiliated with Kroll Inc., Kroll Associates Inc., KrollOnTrack Inc., or their affiliated businesses.