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KBRA Releases Rating Report for the City of Chicago’s Sales Tax Securitization Corporation Sales Tax Securitization Bonds, Series 2018C

October 12, 2018

NEW YORK--(BUSINESS WIRE)--Oct 12, 2018--On October 11, 2018, Kroll Bond Rating Agency (KBRA) assigned an AAA long-term rating and Stable outlook to the City of Chicago’s Sales Tax Securitization Corporation (STSC) Sales Tax Securitization Bonds, Series 2018C. KBRA has also affirmed the long-term rating of AAA with a Stable outlook on STSC’s Sales Tax Securitization Bonds.

The long-term ratings are based on KBRA’s and elements of KBRA’s .

To access this report, please click .

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About KBRA and KBRA Europe

KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181012005466/en/

CONTACT: Analytical:

Kroll Bond Rating Agency

William Cox, 646-731-2472

Managing Director

wcox@kbra.com

or

Alice Cheng, 646-731-2403

Associate Director

acheng@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2018.

PUB: 10/12/2018 05:21 PM/DISC: 10/12/2018 05:21 PM

http://www.businesswire.com/news/home/20181012005466/en

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