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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

KBRA Releases Research – Favorable Liquidity Will Help Kentucky Manage Tornado Recovery

December 21, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Dec 21, 2021--

Kroll Bond Rating Agency (KBRA) releases research in the aftermath of the potent storm system on December 10-11 that saw a reported 70 tornados tear across Kentucky, Arkansas, Illinois, Mississippi, Missouri, and Tennessee resulted in widespread devastation and tragic loss of life.

In KBRA’s view, the Commonwealth of Kentucky’s improved reserve position together with federal assistance provide important support to address the added costs that could result from the recovery efforts.

Click here to view the report.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211221005784/en/

CONTACT: Paul Kwiatkoski, Managing Director

+1 (646) 731-2387

paul.kwiatkoski@kbra.com

Linda Vanderperre, Senior Director

+1 (646) 731-2482

linda.vanderperre@kbra.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2021.

PUB: 12/21/2021 05:00 PM/DISC: 12/21/2021 05:01 PM

http://www.businesswire.com/news/home/20211221005784/en