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KBRA Assigns AA+ Rating and Stable Outlook to Bi-State Development Agency Combined Lien Mass Transit Sales Tax Appropriation Refunding Bonds, Series 2020Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook to the Bi-State Development Agency of the MO-IL Metropolitan District Combined Lien Mass Transit Sales Tax Appropriation Refunding Bonds, Series 2020. Concurrently, KBRA assigned a long-term rating of AA+ with a Stable Outlook to the Bi-State Development Agency of the MO-IL Metropolitan District's outstanding Combined Lien Mass Transit Sales Tax Appropriation Bonds. Click here to view the report. To access ratings and relevant documents, click here.
Disclosures
A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the U.S. Information Disclosure Form located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the U.S. Information Disclosure Form referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.
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