KBRA Releases Report Assigning AA+ Rating, Stable Outlook to TBTA Payroll Mobility Tax Senior Lien Refunding Green Bonds, Series 2023C (Climate Bond Certified)

On October 3, 2023, KBRA assigned a long-term rating of AA+ with a Stable Outlook to the Triborough Bridge and Tunnel Authority (MTA Bridges and Tunnels) Payroll Mobility Tax Senior Lien Refunding Green Bonds, Series 2023C (Climate Bond Certified). Concurrently, KBRA affirmed the long-term rating of AA+ with a Stable Outlook on TBTA's outstanding Payroll Mobility Tax Senior Lien Bonds.

The short-term rating of K1+ on TBTA's outstanding Payroll Mobility Tax Bond Anticipation Notes is also affirmed, as is the short-term rating of K1+ on the Metropolitan Transportation Authority's (MTA's) outstanding Payroll Mobility Tax Bond Anticipation Notes.

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Click here to view the report.