Press Release|Public Finance

KBRA Releases Report Assigning AA- Rating to Sales Tax Securitization Corporation Third Lien Sales Tax Securitization Bonds; Outlook Stable

25 Sep 2026   |   New York

Contacts

On September 22, 2026, KBRA assigned a long-term rating of AA- to the Sales Tax Securitization Corporation ("STSC", or the "Corporation") Third Lien Sales Tax Securitization Bonds, Refunding Series 2026A. Concurrently, KBRA assigned a long-term rating of AAA to STSC's Senior Lien Sales Tax Securitization Bonds, Taxable Refunding Series 2026B, affirmed the AAA rating on outstanding Senior Lien Sales Tax Securitization Bonds, and affirmed the AA+ rating on outstanding Second Lien Sales Tax Securitization Bonds. The Outlook on all obligations is 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: 1017221