NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA assigns a long-term rating of AA to the Department of Water and Power of the City of Los Angeles Power System Revenue Bonds, 2025 Series D. Concurrently, KBRA affirms the AA rating on outstanding parity Power System Revenue Bonds. The Outlook is Stable. Key Credit Considerations The rating action reflects the following key credit considerations: Credit Positives Diverse generation mix provides ample net dependable capacity versus peak demand and minimizes exposur
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