KBRA Releases Comment on Chicago Public Schools Teachers’ Contract Settlement

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has reviewed and commented on the broad outline of the tentative five-year labor agreement reached by the Chicago Public Schools (CPS) and Chicago Teachers Union (CTU) last week that ended an 11-day teachers’ strike.

To access the comment, click here.

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KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is 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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Analytical:
Harvey Zachem, Managing Director

(646) 731-2385

hzachem@kbra.com

Karen Daly, Senior Managing Director

(646) 731-2347

kdaly@kbra.com

Business Development:
William Baneky, Managing Director

(646) 731-2409

bbaneky@kbra.com

James Kissane, Senior Director

(213) 806-0026

jkissane@kbra.com

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