KBRA Releases Report Resolving LADWP Power System Revenue Bonds Watch Downgrade Placement; Assigning AA, Stable Outlook to Power System Revenue Bonds, 2025 Series A and B

On April 16, 2025, KBRA resolved the Watch Downgrade placed on the rating of the Department of Water and Power of the City of Los Angeles (LADWP) Power System Revenue Bonds on January 16, 2025, and assigned a long-term rating of AA to the Power System Revenue Bonds, 2025 Series A and Power System Revenue Bonds, 2025 Series B. The rating on outstanding Power System Revenue Bonds is affirmed at AA. The Outlook is Stable.

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Click here to view the report.