Press Release|Public Finance

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

19 Nov 2024   |   New York

Contacts

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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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: 1006912

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