Press Release|Public Finance

KBRA Releases Report Assigning AA Rating to Triborough Bridge and Tunnel Authority General Revenue Bonds, Series 2025A, consisting of General Revenue Bonds, Subseries 2025A-1 and General Revenue Refunding Bonds, Subseries 2025A-2; Outlook is Stable

23 Jul 2025   |   New York

Contacts

On July 21, 2025, KBRA assigned a long-term rating of AA to the Triborough Bridge and Tunnel Authority (TBTA) General Revenue Bonds, Series 2025A, consisting of General Revenue Bonds, Subseries 2025A-1 and General Revenue Refunding Bonds, Subseries 2025A-2.

Concurrently, KBRA affirmed the long-term rating of AA on outstanding parity TBTA General Revenue Bonds, and affirmed the AA- rating on outstanding TBTA Subordinate Revenue Bonds and Subordinate Revenue Bond Anticipation Notes.

The Outlook on all obligations is Stable.

To access ratings and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1010516