Moody's Investors Service has downgraded to A1 from Aa3 the ratings on the Metropolitan Atlanta Rapid Transit Authority's (MARTA) $1.43 billion of outstanding third indenture sales tax revenue bonds.

Concurrently, Moody's affirmed the Aa2 ratings assigned to $365 million of outstanding first and second trust indenture sales tax indenture bonds, and revised the outlook on all of MARTA's outstanding debt to stable from negative.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.