NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned a AA- rating and Stable Outlook to the Municipal Improvement Corporation of Los Angeles’ (MICLA) Lease Revenue Bonds Series 2018-A (Capital Equipment), Lease Revenue Bonds Series 2018-B (Real Property) and Lease Revenue Refunding Bonds, Series 2018-C (Real Property-Taxable) (collectively the “2018 Lease Revenue Bonds”). KBRA has additionally affirmed the rating of AA and Stable Outlook on the City of Los Angeles’ outstandin
