NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a long-term rating of A with a Stable Outlook to the City of Chicago General Obligation Bonds Series 2019A. Concurrently, KBRA affirms the long-term rating of A with a Stable Outlook to the City’s outstanding general obligation bonds.
Issuer: City of Chicago, IL | ||||||||
Assigned | Rating(s) | Outlook | ||||||
General Obligation Bonds Series 2019A | A | Stable | ||||||
Affirmed | Rating(s) | Outlook | ||||||
General Obligation Bonds | A | Stable | ||||||
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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.