Press Release|Public Finance
KBRA Releases Surveillance Report for City of Los Angeles, CA G.O and MICLA Lease Revenue Bonds
5 Sep 2023 | New York
On August 30, 2023, KBRA affirmed the long-term rating of AA+ for the City of Los Angeles, CA General Obligation Bonds as well as the long-term rating of AA for the following Municipal Improvement Corporation of Los Angeles (MICLA) Lease Revenue Bonds:
- Lease Revenue Refunding Bonds, Series 2016-A (Capital Equipment)
- Lease Revenue Refunding Bonds, Series 2016-B (Real Property)
- Lease Revenue Bonds, 2018-A (Capital Equipment)
- Lease Revenue Bonds Series 2018-B (Real Property)
- Lease Revenue Refunding Bonds, Series 2018-C (Real Property - Taxable)
- Lease Revenue Bonds, Series 2020-A (Capital Equipment)
- Lease Revenue Bonds, Series 2020-B (Real Property)
- Lease Revenue Refunding Bonds, Series 2020-C (Real Property) (Federal Taxable)
- Lease Revenue Refunding Bonds, Series 2021-A (Capital Equipment and Real Property) (Federally Taxable)
- Lease Revenue Refunding Bonds, Series 2021-B (Capital Equipment and Real Property) (Tax-Exempt)
- Lease Revenue Bonds, Series 2021-C (Capital Equipment and Real Property)
To access rating and relevant documents, click here.
Click here to view the report.