Moody's Affirms Aa1/VMIG 1 on Illinois State Toll Highway Auth.'s LOC-backed Bonds Ser. 2007A-1b, A-2b & A-2d
New York, March 08, 2017-- Moody's Investors Service has affirmed the letter of credit- backed Aa1/VMIG 1 ratings of the Illinois State Toll Highway Authority Toll Highway Variable Rate Senior Priority Revenue Bonds, 2007 Series A-1b, A-2b and A-2d in connection with the delivery of replacement LOCs provided by Bank of America, N.A. supporting the 2007 Series A-1b and A-2d Bonds and PNC Bank, N.A. supporting the 2007 Series A-2b Bonds. Upon the effective date of the substitute LOCs,...
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