KBRA Assigns AA+ Rating and Stable Outlook to North Slope Borough, Alaska General Obligation Bonds Series 2019A and 2019B
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA+ and Stable Outlook to the North Slope Borough, Alaska General Obligation Bonds, Series 2019A (General Purpose) and General Obligation Bonds, Series 2019B (Schools). KBRA additionally affirms the long-term rating of AA+ and Stable Outlook on the Borough’s outstanding General Obligation Bonds.
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Issuer: North Slope Borough, Alaska |
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Assigned |
Rating |
Outlook |
|
General Obligation Bonds, |
AA+ |
Stable |
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General Obligation Bonds, |
AA+ |
Stable |
|
Affirmed |
Rating |
Outlook |
|
General Obligation Bonds |
AA+ |
Stable |
Detailed report to follow.
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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.
Contacts
Analytical:
Peter Scherer, Associate
(646) 731-2325
pscherer@kbra.com
Patricia McGuigan, Senior Director
(646) 731-3350
pmcguigan@kbra.com