The Chicago Transit Authority (CTA) operates the nation's second largest public transportation system, providing mass transit services within the City of Chicago and 35 surrounding suburbs. 1, 1952, CTA became the predominant operator of Chicago transit when it purchased the Chicago Motor Coach system. 1, 1947, after it acquired the properties of the Chicago Rapid Transit Company and the Chicago Surface Lines. To remain on top of all debt-related events, documents, and news, including announcements about when CTA will be selling bonds, please sign up for notifications at #Ĭhicago Transit Authority is an independent governmental agency created by state legislation. Information regarding the sale will be accessible on its new investor relations site. "The CTA team is really setting its organization up for long-term success by making its information more accessible and cultivating these stronger relationships with investors right now."ĬTA is currently planning its next issuance, which is expected to come to market later this year. "Recent market volatility has introduced countless challenges for issuers across the country," said Colin MacNaught, co-founder & CEO of BondLink. 1, 1947 and is now the nation's second-largest public transportation system, providing mass transit services within the City of Chicago and 35 surrounding suburbs. "Our new investor relations site will bolster our transparency efforts by providing them with a singular site that puts information pertaining to upcoming issuances, financial updates, and prior financings at their fingertips."ĬTA began operating on Oct. "The Chicago Transit Authority places great importance on presenting investors with the information they need to make confident, educated decisions regarding CTA's debt," said Sanja Noble, director of treasury operations at the Chicago Transit Authority.
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