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KBRA Assigns Long-Term Rating of AA and Stable Outlook to the Borough of Doylestown, PA General Obligation Notes, 2020 SeriesKroll Bond Rating Agency (KBRA) assigns a long-term rating of AA and Stable Outlook to the Borough of Doylestown, PA ("the Borough") General Obligation Notes, 2020 Series. At the same time, KBRA affirms the long-term rating of AA and Stable Outlook on the Borough's General Obligation Notes, 2013 Series. This rating action is based on KBRA's U.S. Local Government General Obligation Rating Methodology.
A rating 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20200127005632/en/ |
