NEW YORK--(EON: Enhanced Online News)--Kroll Bond Rating Agency (KBRA) has assigned a long-term rating of AA with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) General Revenue Bonds, Subseries 2017C-2. KBRA has affirmed the long-term rating of AA and the Stable Outlook on the TBTA’s outstanding General Revenue Bonds and the long-term rating of AA- and Stable Outlook on the TBTA’s outstanding Subordinate Revenue Bonds. KBRA has also affirmed the short-term rating of K1+ on the TBTA’s General Revenue Bond Anticipation Notes Series 2017A.
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KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).