Press Release|Public Finance

KBRA Releases Report Affirming AA Rating for Chicago Transit Authority Sales Tax Receipts Revenue Bonds, and Affirming AA- Rating on Second Lien Sales Tax Receipts Revenue Bonds; Outlook on Both Liens is Stable

11 Mar 2024   |   New York


On March 7, 2024, KBRA affirmed the long-term rating of AA for the Chicago Transit Authority (CTA) Sales Tax Receipts Revenue Bonds (First Lien). The long-term rating of AA- for CTA's Second Lien Sales Tax Receipt Revenue Bonds is also affirmed. The Outlook for both liens is Stable.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1003472

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