KBRA Releases Rating Report for the MTA Transportation Authority Transportation Revenue Bond Anticipation Notes Series 2018B

NEW YORK–(BUSINESS WIRE)–On June 13, 2018, Kroll Bond Rating Agency (KBRA) assigned a short-term rating of K1+ to the Metropolitan Transportation Authority (MTA) Transportation Revenue Bond Anticipation Notes (BANs) Series 2018B consisting of Subseries 2018B-1 and 2018B-2. The two Subseries are scheduled to mature on May 15, 2020 and May 15, 2021, respectively. Concurrently, KBRA affirmed the long-term rating of AA+ with a Stable Outlook on the MTA Transportation Revenue Bonds and short-term