Metropolitan Transportation Authority, NY -- Moody's reviews Metropolitan Transportation Authority's Transportation Revenue Bonds Series 2012A-1

New York, May 01, 2013 -- Moody's Investors Service, at the request of the Metropolitan Transportation Authority has reviewed the documents that relate to the remarketing of its Transportation Revenue Bonds Series 2012A-1 from term rate to fixed rate following a mandatory tender on May 15, 2013. The remarketing, in and of itself and as of this time, will not have an adverse effect on the credit quality of the bonds, currently rated A2 with a stable outlook, and therefore will not result in reduction or withdrawal of Moody's ratings. Moody's does not express an opinion as to whether the remarketing could have other, non credit-related effects.

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