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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.

Issuer: North Slope Borough, Alaska

Assigned

Rating

Outlook

General Obligation Bonds,
Series 2019A (General Purpose)

AA+

Stable

General Obligation Bonds,
Series 2019B (Schools)

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191003005867/en/