Press Release|Public Finance

KBRA Releases Report Assigning AA+ Rating to City of New York, NY General Obligation Bonds, Fiscal 2025 Series E&F and Fiscal 2006 Series I, Subseries I-6; Affirming Rating for Outstanding General Obligation Bonds

28 Feb 2025   |   New York

Contacts

On February 27, 2025, KBRA assigned a long-term rating of AA+ to the City of New York, NY General Obligation Bonds Fiscal 2025 Series E, Fiscal 2025 Series F, and Fiscal 2006 Series I, Subseries I-6. Concurrently, KBRA affirmed the long-term rating of AA+ for the City's outstanding General Obligation Bonds. The rating Outlook is Stable.

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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: 1008261