New York, October 28, 2016 -- Moody's Investors Service announced today that the ratings on the Triborough Bridge and Tunnel Authority's (TBTA) remarketing of $108.8 million General Revenue Variable Rate Bonds, Subseries 2005B-4a (Floating Rate Tender Notes) would not be affected by the decision to consolidated the previously separate Series 2005B-4a, 2005B-4b, 2005b-4e bonds under a single subseries. Moody's assigned Aa3 ratings to each of the remarketed General Revenue Variable Rate Refunding Bonds, Series 2005B-4a, -4b, and -4e on October 6, 2016 totaling $109.7 million. Subsequently, the issuer informed Moody's that it had decided to combine the three subseries for the planned remarketing. The slight change in the total remarketing par is due to $0.900 million of a January 1, 2017 sinking fund payment that TBTA will pay in conjunction with the remarketing. The ratings on the Series 2005B-4a bonds will not be affected by the decision to consolidated the three subseries into one. Ratings on the outstanding Series 2005B-4b and Series 2005B-4e will be withdrawn at the time of the remarketing.

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