KBRA Releases Report Assigning K1+ Short-Term Rating to TBTA Payroll Mobility Tax (PMT) Bond Anticipation Notes, Subseries 2025B-1 and AA+ Long-Term Rating, Stable Outlook to TBTA PMT Bond Anticipation Notes, Subseries 2025B-2

On March 26, 2025, KBRA assigned a short-term rating of K1+ to the Triborough Bridge and Tunnel Authority (TBTA) Payroll Mobility Tax (PMT) Bond Anticipation Notes, Subseries 2025B-1, and a long-term rating of AA+ with a Stable Outlook to the TBTA PMT Bond Anticipation Notes, Subseries 2025B-2.

Concurrently, KBRA affirmed the long-term rating of AA+ with a Stable Outlook on outstanding TBTA PMT Senior Lien Bonds and certain outstanding TBTA PMT Bond Anticipation Notes, and affirmed the short-term rating of K1+ on certain outstanding TBTA PMT Bond Anticipation Notes.

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