Press Release|Public Finance

KBRA Releases Report Assigning K1+ Rating to TBTA Payroll Mobility Tax (PMT) Bond Anticipation Notes, Series 2025A, and Affirming K1+ Rating on Outstanding TBTA PMT Bond Anticipation Notes and AA+ Rating and Stable Outlook on TBTA PMT Senior Lien Bonds

5 Mar 2025   |   New York

Contacts

On March 4, 2025, KBRA assigned a short-term rating of K1+ to the Triborough Bridge and Tunnel Authority (TBTA) Payroll Mobility Tax (PMT) Bond Anticipation Notes, Series 2025A. Concurrently, KBRA affirmed the K1+ short-term rating on the outstanding TBTA PMT Bond Anticipation Notes, Series 2024B, and affirmed the long-term rating of AA+ with a Stable Outlook for outstanding TBTA PMT Senior Lien Bonds

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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: 1008448