KBRA’s assignment of a AA+ rating with a Stable Outlook to New York City’s General Obligation Bonds underscores the city’s robust financial management and creditworthiness in a challenging economic landscape. This rating is significant for investors as it reflects confidence in the city’s ability to meet its financial obligations while supporting essential capital projects.
NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA assigns a long-term rating of AA+ with a Stable Outlook to the City of New York (the City) General Obligation Bonds, Fiscal 2026 Series D and Fiscal 2026 Series E. The Fiscal 2026 Series D Bonds are tax-exempt. The Fiscal 2026 Series E Bonds consist of Taxable Bonds, Subseries E-1 and Taxable Social Bonds, Subseries E-2. Proceeds of the Series D Bonds and the Subseries E-1 Bonds will be used for capital purposes. Proceeds of the Subseries E-2 Bonds will reimburse
Source: Original Press Release
