New York City Municipal Water Finance Authority's 2011 Series DD Bonds Rated 'AA+/A-1' - S&P Global Ratings’ Credit Research

New York City Municipal Water Finance Authority's 2011 Series DD Bonds Rated 'AA+/A-1'

New York City Municipal Water Finance Authority's 2011 Series DD Bonds Rated 'AA+/A-1' - S&P Global Ratings’ Credit Research
New York City Municipal Water Finance Authority's 2011 Series DD Bonds Rated 'AA+/A-1'
Published Nov 06, 2013
Published Nov 06, 2013
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Abstract:

DALLAS (Standard&Poor's) Nov. 6, 2013--Standard&Poor's Ratings Services said today it assigned its 'AA+/A-1' rating and stable outlook to New York City Municipal Water Finance Authority's (NYCMWFA) fiscal 2011 series DD subseries 2 second general resolution water and sewer system revenue bonds, and its 'AA+' long-term rating to the authority's fiscal 2014 series BB second general resolution bonds. We also affirmed the 'AA+' underlying rating (SPUR) on the authority's existing second-resolution bonds, as well as the 'AAA' long-term rating on the system's first general resolution revenue bonds. "The stable outlook on all debt reflects our expectation that the system's financial profile will remain commensurate with its rating," said Standard&Poor's credit analyst Theodore Chapman. The short-term

  
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MLA:
S&P Global Ratings’ Credit Research. "New York City Municipal Water Finance Authority's 2011 Series DD Bonds Rated 'AA+/A-1'" Nov 06, 2013. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/New-York-City-Municipal-Water-Finance-Authority-s-2011-Series-DD-Bonds-Rated-AA-A-1-1212928>
  
APA:
S&P Global Ratings’ Credit Research. (). New York City Municipal Water Finance Authority's 2011 Series DD Bonds Rated 'AA+/A-1' Nov 06, 2013. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/New-York-City-Municipal-Water-Finance-Authority-s-2011-Series-DD-Bonds-Rated-AA-A-1-1212928>
  
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