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KBRA assigns a long-term AA+ rating to the PMT Senior Lien Refunding Bonds, Series 2022B (Forward Delivery) issued by the Triborough Bridge and Tunnel Authority (TBTA). The Outlook is Stable. At the same time, KBRA affirms the long-term AA+ rating on the outstanding PMT senior lien bonds and affirms the K1+ on the outstanding PMT Bond Anticipation Notes, Series 2020A. The Outlook on the outstanding bonds is Stable.
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Disclosures
Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report …
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