CHICAGO (S&P Global Ratings) March 28, 2022--S&P Global Ratings raised its short-term component of the rating on Metropolitan Transportation Authority Inc., N.Y.'s series 2005D-2 transport revenue variable-rate bonds to 'A-1' from 'A-2'. S&P Global Ratings affirmed the 'AA-' long-term component of the rating. The rating action follows S&P Global Ratings' raising of the ratings on Landesbank Hessen-Thueringen Girozentrale on March 22, 2022. (For more information, see the article, titled "S-Finanzgruppe Hessen-Thueringen Upgraded To 'A/A-1' On Group Support From Nationwide Savings Banks; Outlook Stable," published March 22, 2022, on RatingsDirect.) The long-term component of the rating reflects the application of our joint criteria and assumes low correlation between the obligor, MTA, and our long-term issuer credit rating (ICR) on Landesbank Hessen-Thueringen
