KBRA Assigns A+/Stable Rating to the Pennsylvania Turnpike Commission Turnpike Subordinate Revenue Bonds

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned a long-term-rating of A+ with a Stable outlook to the Pennsylvania Turnpike Commission Turnpike Subordinate Revenue Refunding Bonds, Second Series 2017. At the same time, KBRA has assigned a long-term rating of A+ with a Stable outlook to the Pennsylvania Turnpike Commission’s outstanding Turnpike Subordinate Revenue Bonds. KBRA’s long-term rating excludes bonds backed by a letter of credit or liquidity facility, unless oth