KBRA Releases Rating Report Assigning Long-Term Rating of A with a Stable Outlook to the City of Chicago General Obligation Bonds Refunding Series 2019B

NEW YORK–(BUSINESS WIRE)–On November 26, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of A with a Stable Outlook to the City of Chicago General Obligation Bonds Refunding Series 2019B.

Concurrently, KBRA affirmed the long-term rating of A with a Stable Outlook on the City of Chicago’s general obligation bonds.

Issuer: City of Chicago, IL

Assigned

Rating

Outlook

General Obligation Bonds Refunding Series 2019B

A

Stable

Affirmed

Rating

Outlook

General Obligation Bonds

A

Stable

To access the report please 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. KBRA is also 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.

Contacts

Analytical:

Harvey Zachem, Managing Director
(646) 731-2385
hzachem@kbra.com

Alice Cheng, Director
(646) 731-2403
acheng@kbra.com

Karen Daly, Senior Managing Director
(646) 731-2347
kdaly@kbra.com

Business Development:

Bill Baneky, Managing Director

(646) 731-2409

bbaneky@kbra.com

James Kissane, Senior Director

(213) 806-0026

jkissane@kbra.com

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