Press Release|Public Finance

KBRA Releases Report Assigning AA+ Rating to the Department of Water and Power of the City of Los Angeles Water System Revenue Bonds, 2024 Series A; Outlook is Stable

21 Dec 2023   |   New York

Contacts

On December 20, 2023, KBRA assigned the long-term rating of AA+ with a Stable Outlook to the Department of Water and Power of the City of Los Angeles (LADWP) Water System Revenue Bonds, 2024 Series A.

Concurrently, KBRA affirmed the long-term AA+ rating and Stable Outlook on the Department's outstanding Water System Revenue Bonds.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1002923

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