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

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.

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