Moody’s Investors’ Service

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.”

Transit Briefs: NYMTA, SacRT

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.