KBRA Releases Rating Report for San Diego Unified School District G.O. Bonds

8 Sep 2023 | New York

On September 7, 2023 KBRA assigned a short-term rating of K1+ to the following San Diego Unified School District (San Diego County, California) bonds:

2023 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2018, Series G-1) (Green Bonds) (Federally Taxable)
2023 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2022, Series A-1) (Sustainability Bonds) (Federally Taxable)
2023 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2008, Series N-1) (Green Bonds) (Federally Taxable)

KBRA additionally assigned a long-term rating of AAA with a Stable Outlook to the following District bonds:

2023 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2018, Series G-2) (Green Bonds)
2023 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2018, Series G-3) (Green Bonds)
2023 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2022, Series A-2) (Sustainability Bonds)
2023 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2022, Series A-3) (Sustainability Bonds)
2023 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2008, Series N-2) (Green Bonds)
2023 General Obligation Refunding Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 1998, Series R-6)
2023 General Obligation Refunding Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2008, Series SR-3A)
2023 General Obligation Refunding Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2008, Series SR-3B)

Lastly, KBRA affirmed the long-term rating of AAA with a Stable Outlook for outstanding District general obligation bonds.

To access rating and relevant documents, click here.

Click here to view the report.