Press Release|Public Finance

KBRA Releases Surveillance Report Downgrading Peninsula Corridor Joint Powers Board Farebox Revenue Bonds to A+, from AA-; Revising Outlook to Stable

24 Jan 2025   |   New York

Contacts

On January 23, 2025, KBRA downgraded the long-term rating for the Peninsula Corridor Joint Powers Board Farebox Revenue Bonds to A+, from AA- and revised the Outlook to Stable.

To access ratings and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1007734