Press Release|Public Finance

KBRA Releases Rating Report for NJTTFA Transportation Program Bonds, 2023 Series BB

9 Nov 2023   |   New York

Contacts

On November 6, 2023, KBRA assigned a long-term rating of A with a Stable Outlook to the New Jersey Transportation Trust Fund Authority (NJTTFA) Transportation Program Bonds, 2023 Series BB.

KBRA additionally affirmed the long-term rating of A+ with a Stable Outlook for the State of New Jersey's General Obligation Bonds.

Lastly, KBRA affirmed the long-term rating of A with a Stable Outlook for the following bonds:

New Jersey Transportation Trust Fund Authority

  • Transportation Program Bonds
  • Transportation Program Notes (Fixed Rate)

New Jersey Economic Development Authority (NJEDA)

  • Lease Revenue Bonds

New Jersey Education Facilities Authority (NJEFA)

  • Revenue Bonds, Higher Education Capital Improvement Fund Issues

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: 1002655

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