KBRA Assigns AA Rating to Washington Metropolitan Area Transit Authority (DC) Second Lien Dedicated Revenue Bonds, Series 2023A; Affirms AA+ Rating for Senior Lien Bonds; Outlook is Stable

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns a long-term rating of AA to the Washington Metropolitan Area Transit Authority Second Lien Dedicated Revenue Bonds, Series 2023A (Sustainability Bonds – Climate Bond Certified). KBRA additionally affirms the longterm rating of AA+ for the Authority's senior lien Dedicated Revenue Bonds outstanding. The rating Outlook is Stable. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives The signatory juri