KBRA Publishes Rating Report for the City of Los Angeles General Obligation Bonds 2018 Series

NEW YORK–(BUSINESS WIRE)–On June 12, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA with a Stable Outlook to the City of Los Angeles, CA General Obligation Bonds Series 2018-A (Taxable) (Social Bonds), Series 2018-B (Tax-Exempt), and Series 2018-C (Taxable). KBRA also affirmed the long-term rating of AA with a Stable Outlook on the City’s outstanding General Obligation Bonds.   Ratings Issuer:           City of Los Angeles, CA Series/Bond       Rating       Outlook