SAN FRANCISCO (S&P Global Ratings) Nov. 10, 2022--S&P Global Ratings assigned its 'AA+' long-term rating to New York City Municipal Water Finance Authority's (New York Water) anticipated $396.01 million series AA-1, $79.21 million series AA-2, and $274.79 million series AA-3 water and sewer system second general resolution revenue bonds. We also affirmed our 'AAA' rating on New York Water's approximately $790 million in outstanding first general resolution bonds and our 'AA+' rating on the utility's approximately $30.7 billion in outstanding second general resolution bonds. Finally, we affirmed our 'A-1' and 'A-1+' short-term ratings on the authority's various debt. The outlook is stable. "The ratings reflect our view of the utility's prudent management, sizable and affluent customer base, and a supportive
