KBRA Releases Rating Report for Various San Diego Unified School District 2024 General Obligation Bonds

On August 23, 2024, KBRA assigned a short-term rating of K1+ to the San Diego Unified School District (San Diego County, California): 2024 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2018, Series H-1) (Green Bonds) (Federally Taxable); 2024 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2022, Series B-1) (Sustainability Bonds) (Federally Taxable); and, 2024 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2008, Series O-1) (Green Bonds) (Federally Taxable).

KBRA additionally assigned a long-term rating of AAA to the District's: 2024 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2018, Series H-2) (Green Bonds); 2024 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2022, Series B-2) (Sustainability Bonds) (Federally Taxable); 2024 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2022, Series B-3) (Sustainability Bonds); and, 2024 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2008, Series O-2) (Green Bonds).

Lastly, KBRA affirmed the long-term rating of AAA for the District's outstanding General Obligation Bonds.

To access rating and relevant documents, click here.

Click here to view the report.