KBRA Releases Rating Report Assigning A- Rating to Various City of Chicago, IL General Obligation Bonds; Affirming Rating for Parity Bonds; Outlook Remains Negative

On May 21, 2025, KBRA assigned a long-term rating of A- to the City of Chicago, IL: General Obligation Bonds, Series 2025A; General Obligation Bonds, Series 2025B; General Obligation Bonds, Series 2025C; General Obligation Bonds, Taxable Series 2025D; General Obligation Bonds, Series 2025E; General Obligation Bonds, Series 2025F (Housing and Economic Development Projects); and, General Obligation Bonds, Taxable Series 2025G (Housing and Economic Development Projects). KBRA additionally affirmed the long-term rating of A- for the City's outstanding General Obligation Bonds. The rating Outlook remains Negative.

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