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 Water System Revenue Bonds, and affirms the AA+ rating on outstanding parity Water System Revenue Bonds. The Outlook is Stable. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives Established water system serving one of the largest metropolitan areas in the United States, with a primarily residential
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