Transit Briefs: NYMTA, SacRT

Written by Marybeth Luczak, Executive Editor
New York MTA has received a strengthened credit rating outlook from Moody’s Investors’ Service, which amended the outlook of its A3 rating for MTA’s Transportation Revenue Bonds rating to “positive” from “stable.”

New York MTA has received a strengthened credit rating outlook from Moody’s Investors’ Service, which amended the outlook of its A3 rating for MTA’s Transportation Revenue Bonds rating to “positive” from “stable.”

Moody’s Investors’ Service ups the credit rating outlook for New York Metropolitan Transportation Authority (MTA). Also, the state of California has awarded Sacramento Regional Transit (SacRT) $4.4 million for three transportation infrastructure projects.

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