Press Release|Public Finance
KBRA Releases Report Affirming AA Rating for Chicago Transit Authority Sales Tax Receipts Revenue Bonds, and Affirming AA- Rating on Second Lien Sales Tax Receipts Revenue Bonds; Outlook on Both Liens is Stable
11 Mar 2024 | New York
On March 7, 2024, KBRA affirmed the long-term rating of AA for the Chicago Transit Authority (CTA) Sales Tax Receipts Revenue Bonds (First Lien). The long-term rating of AA- for CTA's Second Lien Sales Tax Receipt Revenue Bonds is also affirmed. The Outlook for both liens is Stable.
To access rating and relevant documents, click here.
Click here to view the report.