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KBRA Rates the County of Cook’s Sales Tax Revenue Bonds, Series 2018 AAA with a Stable Outlook

July 31, 2018

NEW YORK--(BUSINESS WIRE)--Jul 31, 2018--On July 27, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AAA with Stable Outlook to the County of Cook’s Sales Tax Revenue Bonds, Series 2018. This rating is based on KBRA’s and the following five key rating determinants.

Legal Framework Nature of Special Tax Revenues Economic Base and Demographics Revenue Analysis Coverage and Bond Structure

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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 recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and 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/20180731005881/en/

CONTACT: Analytical:

Kroll Bond Rating Agency

Harvey Zachem, 646-731-2385

Managing Director

hzachem@kbra.com

or

Justin Schneider, 646-731-2453

Senior Analyst

jschneider@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: 07/31/2018 03:34 PM/DISC: 07/31/2018 03:34 PM

http://www.businesswire.com/news/home/20180731005881/en

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