KBRA Releases Report Assigning AA+ to the MTA TRB Series 2019A with a Negative Outlook and K1+ to the Transportation Rev. BANs Series 2019A

NEW YORK–(BUSINESS WIRE)–On January 24, 2019, Kroll Bond Rating Agency (KBRA) assigned a Long-Term rating of AA+ with a Negative Outlook to the Metropolitan Transportation Authority Transportation Revenue Green Bonds, Series 2019A (Climate Bond Certified) consisting of Subseries 2019A-1, 2019A-2, and 2019A-3. KBRA also assigned a Short-Term rating of K1+ to the MTA’s Transportation Revenue Bond Anticipation Notes, Series 2019A. Concurrently, KBRA affirmed the Long-Term Rating of AA+ on the MT

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