Summary: Triborough Bridge&Tunnel Authority, New York; Toll Roads  Bridges - S&P Global Ratings’ Credit Research

Summary: Triborough Bridge&Tunnel Authority, New York; Toll Roads Bridges

Summary: Triborough Bridge&Tunnel Authority, New York; Toll Roads  Bridges - S&P Global Ratings’ Credit Research
Summary: Triborough Bridge&Tunnel Authority, New York; Toll Roads Bridges
Published Aug 08, 2024
5 pages (2292 words) — Published Aug 08, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA-' long-term rating to the Triborough Bridge&Tunnel Authority (TBTA), N.Y.'s pro forma $300 million general revenue bonds, subseries 2024A-1, and pro forma $400 million general revenue refunding bonds, subseries 2024A-2. The outlook is stable. The authority's net system revenue secures TBTA general and subordinate revenue bonds. System facilities include the Robert F. Kennedy Bridge (f/k/a the Triborough Bridge), the Verrazzano-Narrows Bridge, the Bronx Whitestone Bridge, the Throgs Neck Bridge, the Henry Hudson Bridge, the Marine Parkway Gil Hodges Memorial Bridge, the Cross Bay Veterans Memorial Bridge, the Brooklyn Battery Tunnel, and the Queens Midtown Tunnel. The series 2024A-1 bond proceeds will pay for various TBTA capital projects and the 2024A-2 proceeds will be

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##-' long-term rating to the Triborough Bridge & Tunnel Authority (TBTA), N.Y.'s pro forma $300 million general revenue bonds, subseries 2024A-1, and pro forma $400 million general revenue refunding bonds, subseries 2024A-2. + The outlook is stable....

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Triborough Bridge&Tunnel Authority, New York; Toll Roads Bridges" Aug 08, 2024. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Triborough-Bridge-Tunnel-Authority-New-York-Toll-Roads-Bridges-3227296>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Triborough Bridge&Tunnel Authority, New York; Toll Roads Bridges Aug 08, 2024. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Triborough-Bridge-Tunnel-Authority-New-York-Toll-Roads-Bridges-3227296>
  
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