KBRA Releases Rating Report Upgrading State of Alaska GO Bonds to AA+; Assigning AA to State of Alaska Lease Revenue Refunding Bonds Series 2025A and 2025B (Goose Creek Correctional Center Project); Upgrading Alaska Municipal Bond Bank GO Bonds to AA

On February 25, 2025, KBRA upgraded the long-term rating for the State of Alaska General Obligation Bonds to AA+, from AA.

KBRA simultaneously assigned a long-term rating of AA to the Matanuska-Susitna Borough State of Alaska Lease Revenue Refunding Bonds, Series 2025A and Series 2025B (Forward Delivery) (Goose Creek Correctional Center Project).

Finally, KBRA upgraded the long-term rating for the Alaska Municipal Bond Bank Authority General Obligation Bonds to AA, from AA-.

The rating outlook for each obligation is Stable.

To access ratings and relevant documents, click here.

Click here to view the report.