KBRA Assigns AAA and Stable Outlook to San Diego USD 2019 General Obligation Bonds
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AAA with a Stable Outlook to the San Diego Unified School District, CA:
- 2019 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2012, Series K-1, Series K-2, and Series L)
- 2019 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2018, Series C-1 and Series C-2)
KBRA additionally affirms the long-term rating of AAA and Stable Outlook on the District’s:
- 2016 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2018, Series J-2)
- 2016 General Obligation Refunding Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) Series R-1
- 2016 General Obligation Refunding Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) Series R-5
- 2016 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2008, Series I)
- 2016 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2012, Series G Bonds)
- 2016 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds (Election of 2012, Series F Bonds)
Issuer: San Diego Unified School District, CA |
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Assigned |
Rating |
Outlook |
2019 General Obligation Bonds |
AAA |
Stable |
2019 General Obligation Bonds |
AAA |
Stable |
Affirmed |
Rating |
Outlook |
2016 General Obligation Bonds |
AAA |
Stable |
2016 General Obligation Refunding Bonds |
AAA |
Stable |
2016 General Obligation Refunding Bonds |
AAA |
Stable |
2016 General Obligation Bonds |
AAA |
Stable |
2016 General Obligation Bonds |
AAA |
Stable |
2016 General Obligation Bonds |
AAA |
Stable |
Detailed report will be forthcoming.
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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 Contacts:
Patricia McGuigan, Senior Director
(646) 731-3350
pmcguigan@kbra.com
Peter Scherer, Associate
(646) 731-2325
pscherer@kbra.com