Kroll Bond Rating Agency Assigns the Short Term Rating of K1+ to MTA’s Transportation Revenue Bond Anticipation Notes, Series 2017B

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency has assigned a short-term rating of K1+ to the Metropolitan Transportation Authority’s (MTA) Transportation Revenue Bond Anticipation Notes, Series 2017B in an approximate amount of $700 million. The Notes will be sold during the week of June 19, 2017. KBRA also affirms the short-term rating of K1+ on the outstanding MTA Transportation Revenue Bond Anticipation Notes: Series 2017A-1; Series 2017A-2; Series 2015B-2e (Taxable); and Series 2015B-