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KBRA Releases Rating Report for the City of LA Wastewater System Subordinate Revenue Bonds, Series 2018-A and B
[October 18, 2018]

KBRA Releases Rating Report for the City of LA Wastewater System Subordinate Revenue Bonds, Series 2018-A and B


On October 16, 2018, Kroll Bond Rating Agency, (KBRA) assigned a long-term rating of AA with a Stable Outlook to the City of Los Angeles Wastewater System Subordinate Revenue Bonds, Series 2018-A (Green Bonds) and Wastewater System Subordinate Revenue Bonds, Refunding Series 2018-B.





Issuer: City of Los Angeles, CA (News - Alert)
Assigned        
    Ratings   Outlook

Wastewater System Subordinate Revenue Bonds,
Series 2018-A (Green Bonds)

  AA   Stable

Wastewater System Subordinate Revenue Bonds,
Refunding Series 2018-B

  AA   Stable
Affirmed        
    Ratings   Outlook
Wastewater System Senior Lien Revenue Bonds   AA+   Stable
Wastewater System Subordinate Lien Revenue Bonds   AA   Stable
   

Methodology:

U.S. Municipal Water and Sewer Revenue Bond Rating Methodology

 

To access this report, click here.

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About KBRA and KBRA Europe

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.


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