KBRA Releases Rating Report for Chicago Park District General Obligation Bonds

NEW YORK--(BUSINESS WIRE)--On September 19, 2023, KBRA assigned long-term ratings of AA with Positive Outlooks to the Chicago Park District's General Obligation Limited Tax Park Bonds Series 2023B; General Obligation Limited Tax Refunding Bonds, Series 2023C; General Obligation Unlimited Tax Refunding Bonds, Series 2023D (Personal Property Replacement Tax Alternate Revenue Source); and General Obligation Unlimited Tax Bonds, Series 2023F (Harbor Facilities Revenues Alternate Revenue Source).

Concurrently, KBRA affirmed the long-term rating of AA, with a Positive Outlook, on the District’s outstanding General Obligation Bonds.

To access rating 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.