Triborough Bridge and Tunnel Authority, NY's 2015B General Revenue Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research

Triborough Bridge and Tunnel Authority, NY's 2015B General Revenue Bonds Rated 'AA-'

Triborough Bridge and Tunnel Authority, NY's 2015B General Revenue Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research
Triborough Bridge and Tunnel Authority, NY's 2015B General Revenue Bonds Rated 'AA-'
Published Oct 26, 2015
Published Oct 26, 2015
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Abstract:

NEW YORK (Standard&Poor's) Oct. 26, 2015--Standard&Poor's Ratings Services has assigned its 'AA-' rating to the Triborough Bridge and Tunnel Authority (TBTA), N.Y.'s $65 million series 2015B general revenue bonds. At the same time Standard&Poor's assigned its 'AA-' rating to the TBTA's pro forma, $91.5 million, subseries 2008B-3 general revenue bonds, which are being remarketed Nov. 16 (the mandatory tender date). On that date, the TBTA will convert the bonds to a fixed-rate mode from term-rate. This will be the last conversion for these bonds. As well, Standard&Poor's affirmed its ratings on the authority's debt outstanding. The outlook is stable. "The ratings on the bonds reflect our view of the TBTA's consistently strong

  
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MLA:
S&P Global Ratings’ Credit Research. "Triborough Bridge and Tunnel Authority, NY's 2015B General Revenue Bonds Rated 'AA-'" Oct 26, 2015. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Triborough-Bridge-and-Tunnel-Authority-NY-s-2015B-General-Revenue-Bonds-Rated-AA-1470327>
  
APA:
S&P Global Ratings’ Credit Research. (). Triborough Bridge and Tunnel Authority, NY's 2015B General Revenue Bonds Rated 'AA-' Oct 26, 2015. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Triborough-Bridge-and-Tunnel-Authority-NY-s-2015B-General-Revenue-Bonds-Rated-AA-1470327>
  
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