Maryland Transportation Authority, Variable Rate Passenger Facility Charge Revenue Bonds, Series 2003A, $64.1MM & Series 2003B, $5.6MM Credit Rating

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Date	Document Type	Title	Source
23 Feb 2021	Sector In-Depth	Regulated Electric Utilities – US : High holdco debt limits financial flexibility, heightens vulnerability to external shocks	Moody's Investors Service
18 Feb 2021	Sector Comment	Infrastructure and Project Finance - US: Launch of JPA is credit positive for California community choice aggregators	Moody's Investors Service
17 Feb 2021	Sector Comment	Unregulated Electric Utilities and Power Companies – US: NRG and Vistra likely to withstand Texas power outages	Moody's Investors Service
10 Feb 2021	Compilation	US Public Finance Credit Outlook: February 10, 2021	Moody's Investors Service
08 Feb 2021	Default Report	Default Trends – Global: January 2021 Default Report	Moody's Investors Service
29 Jan 2021	Sector Comment	Airports – Americas: US CDC testing requirements will weigh on travel between US and LatAm	Moody's Investors Service
28 Jan 2021	Sector In-Depth	Macroeconomics – Global: Coronavirus and the Economy: Alternative Data Monitor (Slides)	Moody's Investors Service
15 Jan 2021	Sector Comment	Government Policy – US: Biden's proposed virus relief package would mitigate rising economic risks	Moody's Investors Service
13 Jan 2021	Compilation	US Public Finance Credit Outlook: January 13, 2021	Moody's Investors Service
11 Jan 2021	Default Report	Default Trends – Global: December 2020 Default Report	Moody's Investors Service
07 Jan 2021	Sector Comment	Government Policy – US: Democrats' Senate wins will boost Biden's ability to push policy agenda, but only to a limited extent	Moody's Investors Service
06 Jan 2021	Sector In-Depth	Global Trade Monitor: January 2021 (Slides)	Moody's Investors Service
16 Dec 2020	Compilation	US Public Finance Credit Outlook: December 16, 2020	Moody's Investors Service
16 Dec 2020	Outlook	Utilities and Power – Global: 2021 outlooks mostly stable on supportive regulation and recovery in electricity demand (Slides)	Moody's Investors Service
16 Dec 2020	Outlook	Transportation infrastructure and project finance – Global: 2021 Outlooks largely stable as demand recovery takes hold (Slides)	Moody's Investors Service
09 Dec 2020	Compilation	US Public Finance Credit Outlook: December 9, 2020	Moody's Investors Service
09 Dec 2020	Sector In-Depth	Macroeconomics – Global: Coronavirus and the Economy: Alternative Data Monitor (Slides)	Moody's Investors Service
08 Dec 2020	Default Report	Default Trends – Global: November 2020 Default Report	Moody's Investors Service
08 Dec 2020	Outlook	Unregulated Utility and Power Generation – US: 2021 outlook stays negative as weak demand, gas surplus weigh on power prices	Moody's Investors Service
07 Dec 2020	Outlook	Public Power Electric Utilities – US: 2021 outlook stable despite expected weaker financial metrics	Moody's Investors Service
04 Dec 2020	Outlook	Public Ports – US: 2021 outlook moves to stable as cargo volumes improve	Moody's Investors Service
03 Dec 2020	Outlook	Toll Roads – US: 2021 outlook revised to stable as demand grows along with GDP and employment	Moody's Investors Service
02 Dec 2020	Sector In-Depth	Electric Utilities and Power Generators – US: Carbon transition risk for power generation varies widely by issuer	Moody's Investors Service
02 Dec 2020	Compilation	US Public Finance Credit Outlook: December 2, 2020	Moody's Investors Service
01 Dec 2020	Outlook	Airports – US: 2021 outlook negative with high degree of traffic uncertainty, airline financial health	Moody's Investors Service
18 Nov 2020	Compilation	US Public Finance Credit Outlook: November 18, 2020	Moody's Investors Service
17 Nov 2020	Sector In-Depth	Credit Conditions – Global: COVID-19 will quicken shift to tripolar economy, with widespread negative effects	Moody's Investors Service
13 Nov 2020	Sector Comment	Regulated Electric and Gas Utilities - US: Latest political intervention into regulatory oversight is credit negative for New York utilities	Moody's Investors Service
10 Nov 2020	Default Report	Default Trends – Global: October 2020 Default Report	Moody's Investors Service
08 Nov 2020	Sector Comment	Credit Conditions – US: Biden policy agenda will shape credit environment for wide range of sectors	Moody's Investors Service
05 Nov 2020	Median Reports	Airports - US: Fiscal 2019 Medians: Strong economic conditions pushed metrics to record highs that will not return for several years	Moody's Investors Service
04 Nov 2020	Sector Comment	Credit Conditions – US: Presidential election outcome uncertainty is unlikely to have significant credit effects	Moody's Investors Service
03 Nov 2020	Sector In-Depth	Macroeconomics – Global: Coronavirus and the Economy: Alternative Data Monitor (Slides)	Moody's Investors Service
02 Nov 2020	Sector In-Depth	Regulated Electric Utilities – US: Sales mix, decoupling and O&M savings support credit quality amid lower volumes	Moody's Investors Service
29 Oct 2020	Outlook	Regulated Electric and Gas Utilities – US: 2021 outlook stable on strong regulatory support and robust residential demand	Moody's Investors Service
28 Oct 2020	Sector In-Depth	Airports – US: US airports face growing climate risk but business model and resilience investments mitigate impact	Moody's Investors Service
27 Oct 2020	Sector In-Depth	Public Finance – US: Infrastructure, governments and hospitals face varying impacts from shifts in trade	Moody's Investors Service
21 Oct 2020	Compilation	US Public Finance Credit Outlook: October 21, 2020	Moody's Investors Service
21 Oct 2020	Compilation	Credit Outlook: 22 October 2020	Moody's Investors Service
18 Oct 2020	Compilation	Credit Outlook: 19 October 2020	Moody's Investors Service
13 Oct 2020	Sector Profile	Publicly Managed Toll Roads – US: Medians: Strong 2019 financial metrics mitigate coronavirus-driven declines	Moody's Investors Service
09 Oct 2020	Default Report	Default Trends – Global: September 2020 Default Report	Moody's Investors Service
07 Oct 2020	Compilation	US Public Finance Credit Outlook: October 7, 2020	Moody's Investors Service
05 Oct 2020	Sector In-Depth	Credit Conditions – US: Next administration will confront five policy challenges with wide-ranging credit impact	Moody's Investors Service
30 Sep 2020	Sector In-Depth	Regulated Electric & Gas Utilities – North America: Shifting environmental agendas raise long-term credit risk for natural gas investments	Moody's Investors Service
23 Sep 2020	Compilation	US Public Finance Credit Outlook: September 23, 2020	Moody's Investors Service
22 Sep 2020	Sector In-Depth	Power Generation - US: State policies drive long-term US renewable energy demand	Moody's Investors Service
22 Sep 2020	Sector Comment	Regulated Electric & Gas Utilities – US : Recent California wildfires do not imperil the credit quality of investor-owned utilities	Moody's Investors Service
17 Sep 2020	Sector In-Depth	Airports - US: Passenger demand to gradually improve, but credit strength will return with recovery	Moody's Investors Service
16 Sep 2020	Compilation	US Public Finance Credit Outlook: September 16, 2020	Moody's Investors Service

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