New York City's 2019 E, F-1, F-2 GO Bonds Assigned 'AA' Rating; Other Ratings Affirmed

NEW YORK (S&P Global Ratings) March 1, 2019--S&P Global Ratings assigned its 'AA' long-term rating to New York City's approximately $986.1 million of fixed-rate general obligation (GO) bonds, composed of approximately $824.1 million tax-exempt fiscal 2019 series E, approximately $90.20 million tax-exempt series F-1, and about $71.9 million taxable series F-2 GO bonds. At the same time, S&P Global Ratings assigned its 'AA-' rating to the New York City Industrial Development Authority's (IDA's) 2019 series A special revenue refunding bonds. We also affirmed our 'AA' underlying ratings on all series of the city's GO debt outstanding except the Hudson Yards Infrastructure Corp.'s (HYIC) second indenture bonds, our 'AA-' underlying rating on all of the city's appropriation debt outstanding, and our

...NEW YORK (S&P Global Ratings) March 1, 2019--S&P Global Ratings assigned its '##' long-term rating to New York City's approximately $986.1 million of fixed-rate general obligation (GO) bonds, composed of approximately $824.1 million tax-exempt fiscal 2019 series E, approximately $90.20 million tax-exempt series F-1, and about $71.9 million taxable series F-2 GO bonds. At the same time, S&P Global Ratings assigned its '##-' rating to the New York City Industrial Development Authority's (IDA's) 2019 series A special revenue refunding bonds. We also affirmed our '##' underlying ratings on all series of the city's GO debt outstanding except the Hudson Yards Infrastructure Corp.'s (HYIC) second indenture bonds, our '##-' underlying rating on all of the city's appropriation debt outstanding, and our 'A+' underlying rating on the city's moral obligation debt outstanding and the HYIC's second indenture bonds. Finally, S&P Global Ratings affirmed its ratings on various issuances where the short-term...

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