Standard&Poor's Ratings Services has assigned its 'AA-' rating to the Triborough Bridge and Tunnel Authority (TBTA), N.Y.'s pro forma $300 million series 2014A general revenue bonds, issued to fund its capital program. At the same time, Standard&Poor's assigned its 'SP-1+' short-term rating to the TBTA's pro forma $100 million series 2014A general revenue bond anticipation notes (BANs). Standard&Poor's has also affirmed its 'AA-' and 'A+' ratings on the authority's general revenue bonds and subordinate revenue bonds, respectively. The outlook is stable. Standard&Poor's also affirmed its 'AAA/A-1+' rating and underlying rating (SPUR) on the TBTA's general revenue variable-rate bonds, series 2001B. The ratings reflect our application of the low correlation joint criteria based
