Fitch rates Triborough Bridge & Tunnel, N.Y., bonds AA

Fitch Ratings said it assigned an AA rating to the Triborough Bridge and Tunnel Authority, N.Y.'s general revenue bonds, series 2008A and series 2008B.

Fitch said it expects the authority to issue at least $750 million and up to $1 billion of the bonds. They are expected to sell through negotiation during the week of March 10.

In addition, Fitch said it affirmed the AA rating on the authority's $4.7 billion of outstanding general revenue bonds and the AA- rating on the authority's $2.3 billion of outstanding subordinate revenue bonds.

The outlook is stable.

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