Market Overview

KBRA Rates the County of Cook's Sales Tax Revenue Bonds, Series 2018 AAA with a Stable Outlook


On July 27, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term
rating of AAA with Stable Outlook to the County of Cook's Sales Tax
Revenue Bonds, Series 2018. This rating is based on KBRA's U.S.
Special Tax Revenue Bond Rating Methodology
and the following
five key rating determinants.

  • Legal Framework
  • Nature of Special Tax Revenues
  • Economic Base and Demographics
  • Revenue Analysis
  • Coverage and Bond Structure

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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
recognized by the National Association of Insurance Commissioners as a
Credit Rating Provider and 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.

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