-

KBRA Releases Rating Report for Metropolitan Pier and Exposition Authority (Illinois) McCormick Place Expansion Project Refunding Bonds, Series 2023A and 2023B

NEW YORK--(BUSINESS WIRE)--On September 20, 2023, KBRA assigned a long-term rating of AA- to the Metropolitan Pier and Exposition Authority (Illinois) McCormick Place Expansion Project Refunding Bonds, Series 2023A and McCormick Place Expansion Project Refunding Bonds, Series 2023B. KBRA additionally affirmed the AA- rating for parity bonds. The outlook remains Stable.

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.

Contacts

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

Peter Scherer, Director
+1 646-731-2325
peter.scherer@kbra.com

Business Development Contacts

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

James Kissane, Senior Director
+1 646-731-2380
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

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

Peter Scherer, Director
+1 646-731-2325
peter.scherer@kbra.com

Business Development Contacts

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

James Kissane, Senior Director
+1 646-731-2380
james.kissane@kbra.com

More News From KBRA

KBRA Assigns Preliminary Ratings to AHMC 2026-CNF2 Trust

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 72 classes of mortgage-backed notes from AHMC 2026-CNF2 Trust. The transaction is sponsored and serviced by AmeriHome Mortgage Company, LLC (AmeriHome) and is comprised of 741 residential mortgage loans with an aggregate unpaid principal balance (UPB) of approximately $391.4 million as of the October 1, 2026 cut-off date. The underlying collateral consists primarily of 30-year fixed-rate qualified mortgages (FRMs). KBRA’s rating app...

KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2026-13 (SEMT 2026-13)

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 106 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-13 (SEMT 2026-13), a $622.4 million prime RMBS transaction. The pool is comprised of 548 first-lien, fully amortizing fixed rate mortgages with mostly 30-year maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 772 and moderate borrower equity, with a WA original LTV and WA original CLTV of 66.3% and 66....

KBRA Assigns Ratings to Commonwealth of Massachusetts Dedicated Transportation Revenue Bonds, 2026 Series A (AAA) and Federal Highway Grant Anticipation Notes, 2026 Series A (AAA)

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AAA to the Commonwealth of Massachusetts Dedicated Transportation Revenue Bonds, 2026 Series A. KBRA additionally assigns a long-term rating of AAA to the Commonwealth's Federal Highway Grant Anticipation Notes, 2026 Series A. The rating Outlook for each obligation is Stable. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives Pledged Commonwealth revenues are broad,...
Back to Newsroom