NEW YORK--(BUSINESS WIRE)--On November 26, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of A with a Stable Outlook to the City of Chicago General Obligation Bonds Refunding Series 2019B.
Concurrently, KBRA affirmed the long-term rating of A with a Stable Outlook on the City of Chicago’s general obligation bonds.
Issuer: City of Chicago, IL |
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Assigned |
Rating |
Outlook |
General Obligation Bonds Refunding Series 2019B |
A |
Stable |
Affirmed |
Rating |
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. KBRA is also 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.