NEW YORK–(BUSINESS WIRE)–On August 28, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook to the Bi-State Development Agency of the MO-IL Metropolitan District Combined Lien Mass Transit Sales Tax Appropriation Refunding Bonds, Series 2019.
Concurrently, KBRA assigned a long-term Rating of AA+ with a Stable Outlook to the Bi-State Development Agency of the MO-IL Metropolitan District’s outstanding Combined Lien Mass Transit Sales Tax Appropriation Bonds.
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Issuer: The Bi-State Development Agency |
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Assigned |
Rating(s) |
Outlook |
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Combined Line Mass Transit Sales Tax Appropriation Refunding Bonds, Series 2019 |
AA+ |
Stable |
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Combined Line Mass Transit Sales Tax Appropriation Bonds |
AA+ |
Stable |
To view the report, click here.
Related Publications: (available at www.kbra.com)
- U.S. Special Tax Revenue Bond Rating Methodology
- U.S. State Annual Appropriation Obligation Rating Methodology
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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.
Contacts
Analytical:
Linda Vanderperre, Senior Director
(646) 731-2482
[email protected]
Alice Cheng, Director
(646) 731-2403
[email protected]
