KBRA Rates the County of Cook’s Sales Tax Revenue Bonds, Series 2018 AAA with a Stable Outlook
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.
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Kroll Bond Rating Agency
Harvey Zachem, 646-731-2385
Justin Schneider, 646-731-2453
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Kroll Bond Rating Agency
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PUB: 07/31/2018 03:34 PM/DISC: 07/31/2018 03:34 PM