Triborough Bridge And Tunnel Authority, NY Subseries 2005B-4c Bonds Assigned 'AAA/A-1+' Rating - S&P Global Ratings’ Credit Research

Triborough Bridge And Tunnel Authority, NY Subseries 2005B-4c Bonds Assigned 'AAA/A-1+' Rating

Triborough Bridge And Tunnel Authority, NY Subseries 2005B-4c Bonds Assigned 'AAA/A-1+' Rating - S&P Global Ratings’ Credit Research
Triborough Bridge And Tunnel Authority, NY Subseries 2005B-4c Bonds Assigned 'AAA/A-1+' Rating
Published Nov 27, 2018
3 pages (1180 words) — Published Nov 27, 2018
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About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Nov. 27, 2018--S&P Global Ratings assigned its 'AAA/A-1+' ratings and 'AA-' underlying rating (SPUR) to the Triborough Bridge and Tunnel Authority (TBTA), N.Y.'s $82.5 million subseries 2005B-4c general revenue variable-rate refunding bonds. The outlook on the SPUR is stable. S&P Global Ratings also affirmed the following ratings: Its 'AA-' underlying rating (SPUR) on the authority's general revenue bonds; Its 'A+' SPUR on the TBTA's subordinate revenue bonds outstanding; Its 'AA+/A-1' long-term rating and SPUR on the TBTA's general revenue variable-rate bonds, series 2002F, 2003B-1, and 2005B-2; and Its 'AA+/A-1' ratings and 'A+' SPUR on the authority's subordinate revenue refunding bonds, subseries 2013D-2a and 2013D-2b. "The ratings on TBTA reflect our opinion of the authority's extremely

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) Nov. 27, 2018--S&P Global Ratings assigned its '###/A-1+' ratings and '##-' underlying rating (SPUR) to the Triborough Bridge and Tunnel Authority (TBTA), N.Y.'s $82.5 million subseries 2005B-4c general revenue variable-rate refunding bonds. The outlook on the SPUR is stable. S&P Global Ratings also affirmed the following ratings: + Its '##-' underlying rating (SPUR) on the authority's general revenue bonds; + Its 'A+' SPUR on the TBTA's subordinate revenue bonds outstanding; + Its '##+/A-1' long-term rating and SPUR on the TBTA's general revenue variable-rate bonds, series 2002F, 2003B-1, and 2005B-2; and + Its '##+/A-1' ratings and 'A+' SPUR on the authority's subordinate revenue refunding bonds, subseries 2013D-2a and 2013D-2b. "The ratings on TBTA reflect our opinion of the authority's extremely strong enterprise risk profile and strong financial risk profile," said S&P Global Ratings credit analyst Joe Pezzimenti. The stable outlook reflects our assessment...

  
Report Type:

Ratings Action

Issuer
Triborough Bridge&Tunnel Authority
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Triborough Bridge And Tunnel Authority, NY Subseries 2005B-4c Bonds Assigned 'AAA/A-1+' Rating" Nov 27, 2018. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Triborough-Bridge-And-Tunnel-Authority-NY-Subseries-2005B-4c-Bonds-Assigned-AAA-A-1-Rating-2135296>
  
APA:
S&P Global Ratings’ Credit Research. (). Triborough Bridge And Tunnel Authority, NY Subseries 2005B-4c Bonds Assigned 'AAA/A-1+' Rating Nov 27, 2018. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Triborough-Bridge-And-Tunnel-Authority-NY-Subseries-2005B-4c-Bonds-Assigned-AAA-A-1-Rating-2135296>
  
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