Press Release|Public Finance

KBRA Releases Rating Report Assigning AA Rating to Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds 2025 Series One (Non-AMT) and 2025 Series Two (AMT); Affirming Related Ratings

13 Mar 2025   |   New York

Contacts

On March 12, 2025 KBRA assigned a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds 2025 Series One (Non-AMT) and 2025 Series Two (AMT). KBRA also affirmed the long-term rating of AA for the Authority's outstanding General Obligation Bonds.

KBRA additionally affirmed the long-term rating of AA+ for the State of Alaska's General Obligation Bonds as well as the long-term rating of AA for the Matanuska-Susitna Borough State of Alaska Lease Revenue Refunding Bonds Series 2025A and Series 2025B (Forward Delivery) (Goose Creek Correctional Center Project).

The rating Outlook for each obligation is Stable.

To access ratings and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1008606