This ARCHIVE contains information provided for historical purposes only. Each document contained in this portion of the MTA website is marked with a Dated Date and speaks only as of that Dated Date. Readers are cautioned not to assume that any information has been updated beyond the Dated Date unless a document expressly states that it constitutes an update of a specific portion of a document. MTA, its affiliates and subsidiaries expressly disclaim any duty to provide an update of any document contained in this section.
OFFICIAL STATEMENTS and REMARKETING CIRCULARS
Transportation Revenue Bonds
Subseries 2005D-2 and 2012G-4, Remarketing Circular
Metropolitan Transportation Authority Transportation Revenue Variable Rate Bonds, dated October 28, 2022
Subseries 2020B-2, Remarketing Circular
Metropolitan Transportation Authority Transportation Revenue Variable Rate Refunding Bonds, dated March 17, 2022, as supplemented March 21, 2022
Subseries 2002G-1h and 2012A-3, Remarketing Circular
Metropolitan Transportation Authority Transportation Revenue Variable Rate Bonds (SOFR Tender Notes), dated January 27, 2022
Payroll Mobility Tax Senior Lien Obligations
BAN Series 2022B, Offering Memorandum
TBTA (MTA Bridges and Tunnels) Payroll Mobility Tax Bond Anticipation Notes (BANs), dated December 8, 2022
Series 2022E (Climate Bond Certified), Official Statement
TBTA (MTA Bridges and Tunnels) Payroll Mobility Tax Senior Lien Green Bonds, dated October 27, 2022
Series 2022D (Climate Bond Certified), Official Statement
TBTA (MTA Bridges and Tunnels) Payroll Mobility Tax Senior Lien Green Bonds, dated September 8, 2022
BAN Series 2022A, Offering Memorandum
TBTA (MTA Bridges and Tunnels) Payroll Mobility Tax Bond Anticipation Notes (BANs), dated August 23, 2022
Series 2022C, Official Statement
TBTA (MTA Bridges and Tunnels) Payroll Mobility Tax Senior Lien Bonds, dated May 5, 2022
Series 2022B, Updated Official Statement
TBTA (MTA Bridges and Tunnels) Payroll Mobility Tax Senior Lien Refunding Bonds (Forward Delivery), updated and printed on August 11, 2022
Series 2022A, Official Statement
TBTA (MTA Bridges and Tunnels) Payroll Mobility Tax Senior Lien Bonds, dated February 3, 2022
Dedicated Tax Fund Bonds
Subseries 2008A-2a, Remarketing Circular
Metropolitan Transportation Authority Dedicated Tax Fund Variable Rate Refunding Bonds, dated May 27, 2022, as supplemented May 31, 2022
Series 2022A, Official Statement
Metropolitan Transportation Authority Dedicated Tax Fund Bonds, dated February 23, 2022
Sales Tax Revenue Bonds (TBTA Capital Lockbox - City Sales Tax)
Series 2022A, Official Statement (Inaugural Issuance)
TBTA (MTA Bridges and Tunnels) Sales Tax Revenue Bonds (TBTA Capital Lockbox - City Sales Tax), dated July 7, 2022
Triborough Bridge and Tunnel Authority General Revenue Bonds (Senior Lien)
Series 2018E, Remarketing Circular
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Refunding Bonds (Federally Taxable), dated December 2, 2022, as supplemented December 8, 2022
Series 2022A, Official Statement
TBTA (MTA Bridges and Tunnels) General Revenue Bonds, dated August 11, 2022, as supplemented August 16, 2022
Subseries 2003B-1, Remarketing Circular
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Bonds, dated January 12, 2022, as supplemented January 18, 2022
DISCLOSURE FILINGS and FINANCIAL REPORTS
Annual Combined Continuing Disclosure Filings (CCDF)
Part I – MTA Annual Disclosure Statement (ADS)
Dated April 29, 2022, as supplemented June 22, 2022
Part II, Detailed List of All Debt Outstanding
As of April 29, 2022
Appendix A
Redirect to Part I – MTA Annual Disclosure Statement
Appendix B
Audited Consolidated Financial Statements of Metropolitan Transportation Authority for the Years Ended December 31, 2021 and 2020
Appendix C
Audited Financial Statements of the New York City Transit Authority for the Years Ended December 31, 2021 and 2020
Appendix D
Audited Financial Statements of Triborough Bridge and Tunnel Authority for the Years Ended December 31, 2021 and 2020
Appendix E
History and Projection of Traffic, Toll Revenues and Expenses and Review of Physical Conditions of the Facilities of Triborough Bridge and Tunnel Authority, dated April 29, 2022, prepared by Stantec Consulting Services – New York
Annual Compliance Certification in connection with Climate Bonds Initiative Annual Reporting
MTA’s Climate Bond Certified Green Bonds, as of April 29, 2022
Quarterly Updates and Supplements to 2022 ADS
Annual Comprehensive Financial Report
MATERIAL EVENT NOTICES and VOLUNTARY NOTICES
Bond calls/redemption notices/defeasance
Transportation Revenue Variable Rate Refunding Bonds, Subseries 2020B-2
Notice of Partial Redemption ($6.205 million) of TRB 2020B-2 (CUSIP 59261AN37), on December 7, 2022
Dedicated Tax Fund Refunding Bonds, Series 2012A
Notice of Redemption for 2023 Maturity (CUSIP 59259NR21), on December 1, 2022
Transportation Revenue Bonds, Subseries 2002D-1, 2008B-2 and Series 2012D, 2012F, and 2012H
Notice of Redemption for 2023 Maturities of Certain Transportation Revenue Bonds, on December 1, 2022
Transportation Revenue Refunding Bonds, Series 2012F
Notice of Redemption of for the 2023 Maturity (CUSIP 59259YTS8), on November 15, 2022
Transportation Revenue Variable Rate Refunding Bonds, Subseries 2020B-2
Notice of Partial Redemption ($14.34 million) of TRB 2020B-2 (CUSIP 59261AN37), on September 20, 2022
Transportation Revenue Bonds, Subseries 2012B, 2012C, 2012E, 2012F, and 2012H
Notice of Defeasance and Designation of Certain Bonds for Prior Redemption on September 15, 2022
Transportation Revenue Bonds, Subseries 2002D-1, 2012C, 2012D, 2012F, and 2012H
Notice of Defeasance and Designation of Certain Bonds for Prior Redemption on August 18, 2022
Transportation Revenue Refunding Bonds, Subseries 2020B-2
Notice of Partial Redemption ($5 million) of TRB 2020B-2 (CUSIP 59261AF85), on March 24, 2022
Dedicated Tax Fund Bond Anticipation Notes (BANs), Series 2019A
Notice of Defeasance of DTF BANs Series 2019A (CUSIP 59260XAA6), on February 10, 2022.
Transportation Revenue Bond Anticipation Notes (BANs), Series 2020B
Notice of Redemption of TR BANs Series 2020B (CUSIP 59261AG92), on March 1, 2022. These 2020B BANs had been placed with the federal Municipal Liquidity Facility (MLF).
Grant Anticipation Notes (GANs), Series 2021A
Notice of Redemption of GANs Series 2021A (CUSIP 59261AM79) on February 10, 2022
Letter of Credit (LOC) Substitutions
TBTA Series 2018E (Federally Taxable)
Notice of Credit Facility Substitution (CUSIP 89602RFE0) on December 8, 2022
TRB Subseries 2005D-2 (CUSIP 59259YAE9) on November 1, 2022
TBTA Subseries 2003B-1
Notice of Credit Facility Substitution (CUSIP 89602RDR3) on January 19, 2022
Mandatory Tender Notices
TBTA Series 2018E (Federally Taxable)
Notice of Mandatory Tender (CUSIP 89602RFE0) on December 8, 2022
TRB Subseries 2018A-2
Notice of Mandatory Tender (CUSIP 59261AVF1) on November 15, 2022
TRB Subseries 2014D-2
Notice of Mandatory Tender (CUSIP 59261ANT0) on November 15, 2022
TRB Series 2011B
Notice of Mandatory Tender (CUSIP 59261ANM5) on November 1, 2022
TRB Subseries 2005D-2
Notice of Mandatory Tender (CUSIP 59259YAE9) on November 1, 2022
TRB Subseries 2012G-4
Notice of Mandatory Tender and Mode Change (CUSIP 59261ANN3) on November 1, 2022
DTF Subseries 2008A-2a
Notice of Mandatory Tender and Mode Change (CUSIP 59259N8P1) on June 1, 2022
TRB Subseries 2020B-2
Notice of Mandatory Tender and Mode Change (CUSIP 59261AF85) on March 24, 2022
TRB Subseries 2002G-1h
Notice of Mandatory Tender (CUSIP 59261AKF3) on February 1, 2022
TRB Subseries 2012A-3
Notice of Mandatory Tender (CUSIP 59261AYK7) on February 1, 2022
TBTA Subseries 2003B-1
Notice of Mandatory Tender (CUSIP 89620RDR3) on January 19, 2022
Ratings actions
On October 31, 2022, KBRA revised the outlook on Transportation Revenue Bonds (AA) from negative to Stable, while affirming the AA rating. See press release and report.
On July 20, 2022, S&P Global ratings withdrew its VRDB joint (enhanced) ratings on TRB Subseries 2005D-2 (CUSIP 59259YAE9) as a result of Helaba requesting a withdrawal of its long-term and short-term ratings on July 1, 2022. See notice.
On March 28, 2022, S&P Global Ratings upgraded its short-term ratings on MTA's enhanced TRB VRDB Subseries 2005D-2 (CUSIP 59259YAE9) to 'A-1'as result of its upgrade of the Subseries 2005D-2 Letter of Credit Provider - Landesbank Hessen-Thueringen Girozentrale (Helaba) on March 22, 2022. The long-term enhanced ratings on the TRB Subseries 2005D-2 were affirmed. See the S&P press release.
On March 18, 2022, Moody's upgraded Assured Guaranty (AGM) to A1, which upgraded the Insured Ratings to A1 on certain Transportation Revenue Bonds (TRB) that are insured by AGM. The TRB Subseries affected are 2002D-1, 2002D-2a-1, 2002D-2a-2, 2002D-2b, 2003A, 2006B, 2012E, 2019A-2, 2019A-3, 2019B, 2019C, 2019D-2, and 2020A-1. For more information see the Moody's report.
Financial obligations
On August 2, 2022, MTA entered into new $800 million and $400 million revolving credit agreements with JP Morgan Chase Bank, National Association and Bank of America, National Association, respectively. These agreements replace the existing agreements with JP Morgan (dated August 24, 2017, as amended) and Bank of America (dated August 16, 2019, as amended), which were for the same amounts and terminated pursuant to their terms. The new agreements are active until August 1, 2025. For additional information regarding these lines of credits see the Investor website Lines of Credit page.
On April 11, 2022, MTA prepaid the outstanding $378.5 million on the 2021E RAN, with JP Morgan. Read more.
On March 31, 2022 and April 1, 2022, MTA prepaid the outstanding $95.3 million on the 2021C RAN and $2.5 million on the 2021D RAN, both with Bank of America, respectively. Read more.
On March 21, 2022 and March 24, 2022, MTA prepaid the outstanding $300 million on the 2021A RAN (with Bank of America) and $420 million on the 2021B RAN (with JP Morgan), respectively. Read more.