KBRA Assigns Long-Term Rating of AA- and Stable Outlook to County of Erie, New York General Obligation Bonds Series 2019 A&B
NEW YORK--(BUSINESS WIRE)--Nov 25, 2019--
Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA- and stable outlook to the County of Erie, New York’s General Obligation Public Improvement Serial Bonds, Series 2019A and General Obligation Sewer District Serial Bonds, Series 2019B.
Issuer: County of Erie, New York | ||
Assigned | Rating | Outlook |
General Obligation Public Improvement Serial Bonds, Series 2019A | AA- | Stable |
General Obligation Sewer District Serial Bonds, Series 2019B | AA- | Stable |
The rating actions are based on KBRA’s U.S. Local Government GO Rating Methodology and an assessment of the following rating determinants identified therein:
To access the report, click here.
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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:Linda Vanderperre, Senior Director
(646) 731-2482
lvanderperre@kbra.comPatricia McGuigan, Senior Director
(646) 731-3350
pmcguigan@kbra.comPeter Scherer, Associate
(646) 731-2325
pscherer@kbra.comBusiness Development Contact:William Baneky, Managing Director
(646) 731-2409
bbaneky@kbra.comJames Kissane, Senior Director
(213) 806-0026
jkissane@kbra.com
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES INSURANCE FINANCE
SOURCE: Kroll Bond Rating Agency
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PUB: 11/25/2019 06:03 PM/DISC: 11/25/2019 06:03 PM
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