10.03.2016 16:08:00
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Moody's: New York's MTA debt profile, governmental support distinguish it from London, Paris counterparts
New York, March 10, 2016 -- Among the world's largest mass transit systems, New York'sMetropolitan Transportation Authority (MTA, A1 stable) shares similar credit risks with the Transport for London (TfL, Aa2 stable) and Paris' Régie Autonome des Transports Parisiens (RATP, Aa2 stable). But all three also have unique operating environments and governmental relationships that distinguish their credit profiles, Moody's Investors Service says.