Kroll Bond Rating Agency Assigns AA with a Stable Outlook to the City of Chicago, IL’s Second Lien Water Revenue 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 Chicago, IL’s Second Lien Water Revenue Refunding Bonds, Series 2017. KBRA has also affirmed the outstanding AA rating and Stable outlook on the City of Chicago’s outstanding Second Lien Water Revenue Bonds. The City of Chicago’s Second Lien Water Revenue Bonds are limited obligations of the city having a claim on payment solely from Second Lien Bond Revenues der