KBRA Releases Rating Report Assigning AA- Rating to Various Pennsylvania Turnpike Commission Turnpike Revenue Bonds

On August 21, 2025 KBRA assigned a long-term rating of AA- to the Pennsylvania Turnpike Commission: Turnpike Revenue Bonds, Series B of 2025; Turnpike Revenue Refunding Bonds, Third Series of 2025, Sub-series 1; and, Turnpike Revenue Refunding Bonds, Third Series of 2025, Sub-series 2. 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.

To access ratings and relevant documents, click here.

Click here to view the report.