AP NEWS

KBRA Publishes Rating Report for the City of Los Angeles General Obligation Bonds 2018 Series

June 14, 2018

NEW YORK--(BUSINESS WIRE)--Jun 14, 2018--On June 12, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA with a Stable Outlook to the City of Los Angeles, CA General Obligation Bonds Series 2018-A (Taxable) (Social Bonds), Series 2018-B (Tax-Exempt), and Series 2018-C (Taxable). KBRA also affirmed the long-term rating of AA with a Stable Outlook on the City’s outstanding General Obligation Bonds.

KBRA’s rating assessment of the City’s general obligation (“GO”) bonds is based on KBRA’s .

To access the report, click .

CONNECT WITH KBRA

Twitter LinkedIn Download the iOS App YouTube

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/20180614005935/en/

CONTACT: Kroll Bond Rating Agency

Analytical:

Alice Cheng, 646-731-2403

Associate Director

acheng@kbra.com

or

Peter Scherer, 646-731-2325

Associate

pscherer@kbra.com

or

Kate Hackett, 646-731-2304

Managing Director

khackett@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2018.

PUB: 06/14/2018 01:04 PM/DISC: 06/14/2018 01:04 PM

http://www.businesswire.com/news/home/20180614005935/en

AP RADIO
Update hourly