NY -- Standard&Poor's CreditWire 10/24/97 -- Standard&Poor's today assigned its triple-`B'-plus rating to New York City's debt as follows: -- $350 million taxable global debt facility series C&D due Nov. 15, 2020, -- $844.22 million G.O. fiscal 1998 series C&D due Nov. 15, 2037, and -- $5.80 million taxable G.O. bonds fiscal 1998 series D due Aug. 1, 1998. At the same time, Standard&Poor's affirmed its triple-`B'-plus rating on the city's outstanding G.O. debt. The rating on New York City's G.O. bonds reflects: -- A diverse broad based economy, which has grown more slowly than the nation as a whole; -- High and growing debt levels; -- Strong financial control
