Metropolitan Transportation Authority, NY Bonds Assigned Various Ratings - S&P Global Ratings’ Credit Research

Metropolitan Transportation Authority, NY Bonds Assigned Various Ratings

Metropolitan Transportation Authority, NY Bonds Assigned Various Ratings - S&P Global Ratings’ Credit Research
Metropolitan Transportation Authority, NY Bonds Assigned Various Ratings
Published Sep 03, 2015
Published Sep 03, 2015
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Abstract:

SAN FRANCISCO (Standard&Poor's) Sept. 3, 2015--Standard&Poor's Ratings Services assigned its 'AAA/A-1+' rating to the Metropolitan Transportation Authority (MTA), N.Y.'s series 2015E-1 and 2015E-5 transportation revenue variable-rate bonds. At the same time, we assigned our 'AAA/A-1' rating to the MTA's series 2015E-2, 2015E-3and 2015E-4 transportation revenue variable-rate bonds. Finally, we assigned our 'AA-' underlying rating (SPUR) to the bonds. The outlook, where applicable, is stable. The ratings reflect our view of the letters of credit (LOCs) provided by U.S. Bank N.A. for the series 2015E-1 and 2015E-5 bonds, Bank of Tokyo-Mitsubishi UFJ Ltd. (acting through its New York branch) for the series 2015E-2 bonds, Citibank N.A. for the series 2015E-3 bonds, and Bank of the West for

  
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MLA:
S&P Global Ratings’ Credit Research. "Metropolitan Transportation Authority, NY Bonds Assigned Various Ratings" Sep 03, 2015. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Metropolitan-Transportation-Authority-NY-Bonds-Assigned-Various-Ratings-1446638>
  
APA:
S&P Global Ratings’ Credit Research. (). Metropolitan Transportation Authority, NY Bonds Assigned Various Ratings Sep 03, 2015. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Metropolitan-Transportation-Authority-NY-Bonds-Assigned-Various-Ratings-1446638>
  
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