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KBRA General Obligation Bonds Ratings Letter 2015

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New York, NY | October 30, 2015
Kroll Bond Rating Agency

Kroll Bond Rating Agency, Inc. ("KBRA") has assigned a long-term rating of AA+ with a stable outlook to the City of Indianapolis, General Obligation Bonds. The KBRA long-term rating does not apply to bonds backed by a letter of credit or liquidity facility, unless otherwise noted.