NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Washington Metropolitan Area Transit Authority (WMATA) Second Lien Dedicated Revenue Bond, Series 2025A. Concurrently, KBRA affirms the AA rating on outstanding parity Second Lien Dedicated Revenue Bonds, and affirms the AA+ rating on outstanding Dedicated Revenue Bonds (Senior Lien). The Outlook is Stable. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives