Kroll Bond Rating Agency (KBRA) has upgraded the long-term rating of the City of Waterbury, Connecticut’s general obligation bonds to AA- from A+. The outlook is Stable.
KBRA’s rating action reflects the continued strong fiscal controls of the city, recognition of the city’s demographic recovery from the recession, improving taxbase, improved reserve position and containment of OPEB liabilities.
This rating is based on KBRA’s U.S. Local General Obligation Rating Methodology.
To access the full report, please click on the link below:
City of Waterbury, CT G.O. Bonds
If you have any difficulties accessing the report, please contact [email protected] or visit www.kbra.com.