On September 18, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AAA with a Stable Outlook to the Tri-County Metropolitan Transportation District of Oregon’s (TriMet) Senior Lien Payroll Tax Revenue Bonds Series 2019A and Series 2019B (Federally Taxable).
Concurrently, KBRA affirmed the long-term rating of AAA with a Stable Outlook on the Tri-County Metropolitan Transportation District of Oregon’s outstanding Senior Lien Payroll Tax Revenue Bonds.
This rating is based on KBRA’s U.S. Special Tax Revenue Bond Rating Methodology.
Issuer: Tri-County Metropolitan Transportation District of Oregon (TriMet) | ||
Assigned | Rating | Outlook |
Senior Lien Payroll Tax Revenue Bonds, Series 2019A | AAA | Stable |
Senior Lien Payroll Tax Revenue Refunding Bonds, Series 2019B (Federally Taxable) | AAA | Stable |
Affirmed | Rating | Outlook |
Senior Lien Payroll Tax Revenue Bonds | AAA | Stable |
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About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. 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 and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190920005069/en/
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