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

On August 5, 2024, KBRA assigned a long-term rating of AA- to the Pennsylvania Turnpike Commission Turnpike Revenue Refunding Bonds, First Series of 2024. KBRA additionally affirmed the long-term rating of: AA- for the Commission's outstanding Turnpike Revenue Bonds; A+ for the Commission 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.

To access rating and relevant documents, click here.

Click here to view the report.