-

KBRA Releases Rating Report for City of New York, NY General Obligation Bonds

NEW YORK--(BUSINESS WIRE)--On May 16, 2023, KBRA assigned a long-term rating of AA+ with a Stable Outlook to The City of New York’s General Obligation Bonds, Fiscal 2023 Series F, Fiscal 2023 Series G and Fiscal 2023 Series 1. Concurrently, KBRA affirms the AA+ rating and Stable Outlook on the City’s outstanding General Obligation Bonds.

To access ratings and relevant documents, click here.
Click here to view the report.

About KBRA
KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Linda Vanderperre, Senior Director
+1 (646) 731-2482
linda.vanderperre@kbra.com

Harvey Zachem, Managing Director
+1 (646) 731-2385
harvey.zachem@kbra.com

Karen Daly, Senior Managing Director
+1 (646) 731-2347
karen.daly@kbra.com

Business Development Contact

William Baneky, Managing Director
+1 (646) 731-2409
william.baneky@kbra.com

James Kissane, Senior Director
+1 (213) 806-0026
james.kissane@kbra.com

Industry:

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI
Release Versions
English
Hashtags
#KBRA
#creditratingagency

Contacts

Linda Vanderperre, Senior Director
+1 (646) 731-2482
linda.vanderperre@kbra.com

Harvey Zachem, Managing Director
+1 (646) 731-2385
harvey.zachem@kbra.com

Karen Daly, Senior Managing Director
+1 (646) 731-2347
karen.daly@kbra.com

Business Development Contact

William Baneky, Managing Director
+1 (646) 731-2409
william.baneky@kbra.com

James Kissane, Senior Director
+1 (213) 806-0026
james.kissane@kbra.com

More News From KBRA

KBRA Assigns Preliminary Ratings to BSPRT 2026-FL13

NEW YORK--(BUSINESS WIRE)--KBRA is pleased to announce the assignment of preliminary ratings to nine classes of BSPRT 2026-FL13, a managed CRE CLO securitization with the ability to reinvest principal proceeds for 30 months including a 90-day ramp-up period. The transaction will initially be collateralized by 35 mortgage loans with an aggregate cutoff date in-trust balance of $700.7 million and $179.7 million of cash collateral for the anticipated acquisition of nine pre-identified delayed acqu...

KBRA Assigns Preliminary Ratings to CROSS 2026-NQM4 Mortgage Trust

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to ten classes of mortgage pass-through certificates from CROSS 2026-NQM4 Mortgage Trust, an RMBS transaction issued under the CROSS shelf, where Hildene-CCC Loan Acquisition II, LLC and CrossCountry Capital are the co-sponsors. This $519.8 million transaction is collateralized by a pool of 904 residential mortgages, including a meaningful concentration of collateral that KBRA considers to be “non-prime” (78.3%), with fixed-rate mortga...

KBRA Assigns AA Rating for State of Louisiana General Obligation Bonds, Series 2026-A; Affirms Rating for Outstanding General Obligation Bonds

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AA to the State of Louisiana General Obligation Bonds, Series 2026-A and affirms the long-term rating of AA for the State's outstanding General Obligation Bonds. The rating Outlook is Stable. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives Conservative budget practices and pandemic-related federal assistance have resulted in historically large reserves and liquidity as of...
Back to Newsroom