KBRA Assigns a AA+ with a Stable Outlook to Dallas Area Rapid Transit Senior Lien Sales Tax Revenue Bonds

NEW YORK–(BUSINESS WIRE)–On November 2, 2018, Kroll Bond Rating Agency (KBRA) assigned a rating of AA+ with a Stable Outlook to Dallas Area Rapid Transit (DART) Senior Lien Sales Tax Revenue Bonds, Series 2018 (RRIF Loan). In addition, KBRA also assigned a AA+ with a Stable Outlook to all of DART’s outstanding Senior Lien Sales Tax Revenue Bonds. DART is a sub-regional transportation authority that was established in 1983, and provides bus, light rail, commuter rail, paratransit, vanpool and