KBRA Releases Rating Report Assigning AA- Rating to Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series A of 2025 and Turnpike Revenue Refunding Bonds, Second Series of 2025; Affirms Related Ratings

On February 20, 2025, KBRA assigned a long-term rating of AA- to the Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series A of 2025 and Turnpike Revenue Refunding Bonds, Second Series of 2025. KBRA additionally affirmed the long-term ratings of AA- for the Commission's outstanding Turnpike Revenue Bonds, A+ for the Commission's outstanding Turnpike Subordinate Revenue Bonds, and AA- for the Commission's outstanding Motor License Fund-Enhanced Turnpike Subordinate Special Revenue Bonds. The Outlook for each obligation is Stable.

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