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 or the Department) Water System Revenue Bonds, 2026 Series B. The Outlook is Stable. Proceeds of the 2026 Series B Bonds (up to $493.5 million) will refund all or a portion of outstanding 2017 Series A Water System Revenue Bonds, and pay related costs of issuance. Water System Revenue Bonds, including the 2026 Series B Bonds, and other parity indebtedness are s