KBRA Releases Report Assigning AA Rating, Stable Outlook to Chicago Transit Authority, IL Sales Tax Receipts Revenue Refunding Bonds

On November 14, 2024, KBRA assigned a long-term rating of AA to the Chicago Transit Authority, IL (CTA) Sales Tax Receipts Revenue Refunding Bonds Series 2024A. Concurrently, KBRA affirmed the long-term rating of AA assigned to outstanding CTA Sales Tax Receipts Revenue Bonds and the long-term AA- rating assigned to outstanding Second Lien Sales Tax Receipts Revenue Bonds. The Outlook on all debt is Stable.

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Click here to view the report.