KBRA Releases Surveillance Report Affirming AA Rating for Anaheim Housing and Public Improvements Authority's Revenue Bonds Issued for City of Anaheim's Electric System (Anaheim Public Utilities - Electric)

On August 14, 2026, KBRA affirmed the long-term rating of AA with a Stable Outlook for the Anaheim Housing and Public Improvements Authority's (the "Authority") revenue and revenue refunding bonds issued on behalf of the City of Anaheim's (the "City") electric distribution system (aka Anaheim Public Utilities' electric system). Pursuant to an Installment Purchase Agreement (IPA) between the Authority and the City of Anaheim, the City's obligations under the IPA are secured by the net revenue payments of the City's electric distribution system.

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