Press Release|Public Finance

KBRA Releases Report Assigning AAA Rating to the Sales Tax Securitization Corporation, IL Sales Tax Securitization Bonds, and Assigning AA+ Rating to the Corporation's Second Lien Sales Tax Securitization Bonds; Outlook Stable

3 Nov 2025   |   New York

Contacts

On October 31, 2025 KBRA assigned a long-term rating of AAA to the Sales Tax Securitization Corporation, IL Sales Tax Securitization Bonds, Refunding Series 2025A, Sales Tax Securitization Bonds, Taxable Refunding Series 2025B and outstanding parity Sales Tax Securitization Bonds.

Concurrently, KBRA assigned a long-term rating of AA+ to the Corporation's Second Lien Sales Tax Securitization Bonds, Refunding Series 2025A and outstanding Second Lien Sales Tax Securitization Bonds.

The Outlook on all Bonds is Stable.

To access ratings and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1012089