Metropolitan Transportation Authority, NY's 2011B, 2002G-1f, And 2012G-1 Variable-Rate Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research

Metropolitan Transportation Authority, NY's 2011B, 2002G-1f, And 2012G-1 Variable-Rate Bonds Rated 'AA-'

Metropolitan Transportation Authority, NY's 2011B, 2002G-1f, And 2012G-1 Variable-Rate Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research
Metropolitan Transportation Authority, NY's 2011B, 2002G-1f, And 2012G-1 Variable-Rate Bonds Rated 'AA-'
Published Aug 26, 2014
1173 words — Published Aug 26, 2014
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Abstract:

NEW YORK (Standard&Poor's) Aug. 26, 2014--Standard&Poor's Ratings Services has assigned its 'AA-' long-term rating to the Metropolitan Transportation Authority (MTA), N.Y.'s transportation revenue variable-rate bonds series 2011B and subseries 2002G-1f, and 2012G-1, which are all being remarketed. The outlook is stable. At the same time, Standard&Poor's affirmed its 'aa-' stand-alone credit profile (SACP), 'AA-' issuer credit rating, and 'AA-' long-term rating on MTA's transportation revenue bonds (TRBs) outstanding. Standard&Poor's also affirmed its 'AAA/A-1' rating on the authority's series 2005D TRBs. "We believe the authority exhibits extremely strong economic fundamentals, with a large service area that has good population growth, modest employment growth, and strong wealth levels," said Standard&Poor's credit analyst

  
Brief Excerpt:

RESEARCH Metropolitan Transportation Authority, NY's 2011B, 2002G-1f, And 2012G-1 Variable-Rate Bonds Rated '##-' Publication date: 26-Aug-2014 Primary Credit Analyst: Joseph J Pezzimenti, New York (1) 212-438-2038; joseph.pezzimenti@standardandpoors.co...

  
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MLA:
S&P Global Ratings’ Credit Research. "Metropolitan Transportation Authority, NY's 2011B, 2002G-1f, And 2012G-1 Variable-Rate Bonds Rated 'AA-'" Aug 26, 2014. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Metropolitan-Transportation-Authority-NY-s-2011B-2002G-1f-And-2012G-1-Variable-Rate-Bonds-Rated-AA-1355201>
  
APA:
S&P Global Ratings’ Credit Research. (). Metropolitan Transportation Authority, NY's 2011B, 2002G-1f, And 2012G-1 Variable-Rate Bonds Rated 'AA-' Aug 26, 2014. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Metropolitan-Transportation-Authority-NY-s-2011B-2002G-1f-And-2012G-1-Variable-Rate-Bonds-Rated-AA-1355201>
  
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