...July 19, 2019 NEW YORK (S&P Global Ratings) July 19, 2019--S&P Global Ratings assigned its '##' long-term rating to New York City's approximately $1.4 billion fiscal 2020 series A general obligation (GO) bonds, consisting of approximately $800 million tax-exempt fiscal 2020 series A-1, approximately $341 million taxable series A-2, and about $259 million taxable series A-3. We also assigned our '##' long-term rating to the following series of bonds that will convert to fixed-rate debt from adjustable rate on or about Aug. 13, 2019: - $35 million fiscal 2006 series F, subseries F-4B; - $50.5 million fiscal 2006 series H, subseries H-1; - $50.5 million fiscal 2006 series H, subseries H-2; and - $28.9 million fiscal 2008 series J, subseries J-8. The fiscal 2006 series H, subseries H-1 and H-2 will be remarketed as one series designated as fiscal 2006 series H, subseries H-A. We also affirmed our '##' underlying rating on all of the city's GO debt outstanding and our '##-' underlying rating...
