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Metropolitan Transportation Authority
MTA is poised for any downturn, says Lhota
Metropolitan Transportation Authority Joe Lhota defended the agency after a rating downgrade.
Climate bond deal lands New York's MTA an international award
Climate Bonds Initiative of London cited the authority's $662 million green sale.
MTA bringing $100 million to market in shadow of S&P downgrade
The authority is selling revenue variable rate refunding bonds.
MTA's escalating debt service and operating costs drive downgrade
S&P Global Ratings said revenues are not increasing to match the New York regional transit agency's expenses.
New York City council speaker opens door to transit funding boost
Council Speaker Corey Johnson spelled out several conditions for such an increase to MTA Chairman Joe Lhota.
How P3s and value capture could boost New York area transit
"We have to find new solutions," said Partnership for New York president Kathryn Wylde.
Late refunding push spurred the Northeast's 2017 issuance jump
Northeast municipal bond issuance was up 4% from 2016 to $121.3 billion.
Byford aims to clear the tracks on New York City Transit
The new chief of the MTA's headline unit must juggle his vision for the agency with crisis management.
Funding uncertainty puts N.Y. MTA in market's glare
Inaction, significant new debt and failure to control labor costs and other cost drivers could pose major bondholder risks, says a Gurtin report.
Infrastructure spending gaps may pose a greater risk than pension shortfalls
Analysts say states' and cities' unfunded infrastructure should be viewed as a liability, along with debt, pensions and other post-employment benefits.
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