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 (LADWP) Power System Revenue Bonds, 2024 Series A and 2024 Series B. The long-term rating of AA on LADWP’s outstanding Power System Revenue Bonds is concurrently affirmed. The Outlook is Stable. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives LADWP is at the vanguard of U.S. public utilities in the