...NEW YORK (S&P Global Ratings) Oct. 12, 2016--S&P Global Ratings has assigned its '##-' rating to the Triborough Bridge and Tunnel Authority (TBTA), N.Y.'s remarketed general revenue variable-rate refunding bonds, $108.8 million subseries 2005B-4a floating rate tender notes. The subseries will be remarketed Nov. 1 (the mandatory tender date). At the same time, S&P Global Ratings affirmed its '##-' and 'A+' underlying ratings (SPURs) on the authority's general revenue bonds and subordinate revenue bonds outstanding. The outlook is stable. S&P Global Ratings also affirmed its '###/A-1+' ratings and SPUR on the TBTA's general revenue variable-rate bonds, series 2001B; and its '##+/A-1' ratings and SPUR on the authority's general revenue variable-rate bonds, series 2001C, 2002F, and 2005B-3. These ratings reflect our application of the low correlation joint criteria based on our '##-' SPUR on the authority and the ratings on the series 2001B letter of credit (LOC) provider, State Street Bank...
