KBRA Releases Report Assigning AA- Rating to Chicago Transit Authority Second Lien Sales Tax Bonds Series 2026A and AA Rating to Sales Tax Bonds Series 2026B (First Lien)

On January 16, 2026, KBRA assigned a long-term rating of AA- to the Chicago Transit Authority (CTA), IL's Second Lien Sales Tax Receipts Revenue Project and Refunding Bonds, Series 2026A and a long-term rating of AA to the CTA's Sales Tax Receipts Revenue Refunding Bonds, Series 2026B. Concurrently, KBRA affirmed the AA rating on the Chicago Transit Authority's outstanding Sales Tax Receipts Revenue Bonds (First Lien) and the AA- rating on the CTA's Second Lien Sales Tax Receipts Revenue Bonds. The Outlook for both liens is Positive.

To access ratings and relevant documents, click here.

Click here to view the report.