Moody's affirms Baa3 on Senior Lien Revenuea Bonds; outlook revised to positive; $269 million affected
New York, December 19, 2016-- Summary Rating Rationale. Moody's Investors Service has affirmed the Baa3 rating on the North Carolina Turnpike Authority revenue bonds and revised the outlook to positive from stable. The positive outlook reflects better than forecasted performance in the first almost four years of full operation.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
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76,000 structured finance obligations
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