KBRA Assigns the Rating of K1+ to the Triborough Bridge and Tunnel Authority General Revenue Bond Anticipation Notes, Series 2017A

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned a short-term rating of K1+ to the Triborough Bridge and Tunnel Authority’s Series 2017A General Revenue Bond Anticipation Notes (BANs). KBRA understands that the par amount of the Series 2017A BANs will be approximately $400.0 million. In conjunction with assigning the short-term rating, KBRA has also affirmed the long-term rating of AA and the Stable Outlook on the TBTA’s outstanding General Revenue Bonds and the long-term