KBRA Releases Report for MTA Transportation Revenue Variable Rate Refunding Bonds, Subseries 2002D-2b (LIBOR FRTN)

NEW YORK–(BUSINESS WIRE)–On March 12, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook on the Metropolitan Transportation Authority (MTA)’s Transportation Revenue Variable Rate Refunding Bonds, Subseries 2002D-2b (LIBOR Floating Rate Tender Notes) (FRTN). KBRA also affirmed the long-term rating of AA+ with a Stable Outlook on the MTA’s outstanding transportation revenue bonds. Additionally, KBRA affirmed the short-term rating of K1+ on the followi