KBRA Releases Rating Report Assigning Long-Term Rating of AA+ with a Stable Outlook to the Sales Tax Securitization Corporation of Chicago’s Second Lien Sales Tax Securitization Bonds, Series 2020A and Taxable Series 2020B
NEW YORK--(BUSINESS WIRE)--Jan 13, 2020--
On January 10, 2020, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook to the Sales Tax Securitization Corporation (STSC) of Chicago’s Second Lien Sales Tax Securitization Bonds, Series 2020A and Taxable Series 2020B.
Concurrently, KBRA affirmed the long-term rating of AAA with a Stable Outlook on the STSC’s Sales Tax Securitization Bonds.
Issuer: Sales Tax Securitization Corporation (STSC)
Second Lien Sales Tax Securitization Bonds, Series 2020A
Second Lien Sales Tax Securitization Bonds, Taxable Series 2020B
Sales Tax Securitization Bonds
To view the report, click here.
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
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CONTACT: Analytical Contacts:
William Cox, Senior Managing Director
firstname.lastname@example.orgAlice Cheng, Director
Karen Daly, Senior Managing Director
Business Development Contact:
Bill Baneky, Managing Director
James Kissane, Senior Director
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Kroll Bond Rating Agency
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PUB: 01/13/2020 01:42 PM/DISC: 01/13/2020 01:42 PM