Regional Transportation Authority, IL GO Bond Outlook Revised To Stable From Negative On Stabilizing Finances - S&P Global Ratings’ Credit Research

Regional Transportation Authority, IL GO Bond Outlook Revised To Stable From Negative On Stabilizing Finances

Regional Transportation Authority, IL GO Bond Outlook Revised To Stable From Negative On Stabilizing Finances - S&P Global Ratings’ Credit Research
Regional Transportation Authority, IL GO Bond Outlook Revised To Stable From Negative On Stabilizing Finances
Published Sep 09, 2021
3 pages (1362 words) — Published Sep 09, 2021
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Abstract:

CHICAGO (S&P Global Ratings) Sept. 9, 2021--S&P Global Ratings revised its outlook to stable from negative and affirmed its 'AA' rating on Regional Transportation Authority (RTA), Ill.'s existing general obligation (GO) bonds. At the same time, S&P Global Ratings assigned its 'AA' rating to RTA's anticipated $95 million series 2021A taxable GO refunding bonds. "The outlook revision to stable reflects our view of RTA's stabilizing underlying creditworthiness, supported by its resilient pledged revenue performance," said S&P Global Ratings credit analyst Helen Samuelson. "Additionally, we note the recent infusion of federal stimulus grant dollars bolstered RTA's liquidity position and provides important financial flexibility for the next 24-36 months as its service boards adjust to changes in ridership," Ms. Samuelson added. The

  
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MLA:
S&P Global Ratings’ Credit Research. "Regional Transportation Authority, IL GO Bond Outlook Revised To Stable From Negative On Stabilizing Finances" Sep 09, 2021. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Regional-Transportation-Authority-IL-GO-Bond-Outlook-Revised-To-Stable-From-Negative-On-Stabilizing-Finances-2718430>
  
APA:
S&P Global Ratings’ Credit Research. (). Regional Transportation Authority, IL GO Bond Outlook Revised To Stable From Negative On Stabilizing Finances Sep 09, 2021. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Regional-Transportation-Authority-IL-GO-Bond-Outlook-Revised-To-Stable-From-Negative-On-Stabilizing-Finances-2718430>
  
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