KBRA Assigns Long-Term Rating to L.A. Wastewater System Sub Rev Bonds, Series 2017-A, Refunding 2017-B & Refunding 2017-C (Txble) (All Green Bonds)

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned a long-term rating of AA with a Stable outlook to the City of Los Angeles Wastewater System Subordinate Revenue Bonds, Series 2017-A, Refunding Series 2017-B and Refunding Series 2017-C (Taxable). All three series of bonds are designated “Green Bond” reflecting the environmental benefits of the capital facilities being financed. KBRA has also affirmed the long-term rating of AA+ and stable outlook to the City’s Wastewater S