KBRA Releases Report Assigning AA Rating with Stable Outlook to Southeastern Pennsylvania Transportation Authority Revenue Bonds, Series of 2022 (Asset Improvement Program)

On September 20, 2022, KBRA assigned a long-term rating of AA with a Stable Outlook to the Southeastern Pennsylvania Transportation Authority Revenue Bonds, Series of 2022 (Asset Improvement Program).

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, September 22, 2022
Information
Tags: 
Professional Services, Finance, Oklahoma Insurance Commissioner, AA, ESG, LLC, Credit, U.S. Securities and Exchange Commission, Jetivia SA v Bilta (UK) Limited (in liquidation), European Securities and Markets Authority, Ontario Securities Commission, KBRA, UK, CRA, Prospectus, National Association, National Association of Insurance Commissioners
Geotags: 
NEW YORK, UNITED STATES, NORTH AMERICA
⚠ generated by AI ↴
Organisation: 
KBRA
Summary
Key Points: 
  • On September 20, 2022, KBRA assigned a long-term rating of AA with a Stable Outlook to the Southeastern Pennsylvania Transportation Authority Revenue Bonds, Series of 2022 (Asset Improvement Program).
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority.
  • Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime.


On September 20, 2022, KBRA assigned a long-term rating of AA with a Stable Outlook to the Southeastern Pennsylvania Transportation Authority Revenue Bonds, Series of 2022 (Asset Improvement Program).

Click here to view the report. To access ratings and relevant documents, click here.

Disclosures

Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above.

A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here.

Information on the meaning of each rating category can be located here.

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.

About KBRA

Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

Copyright: 
Copyright Business Wire 2022