NEW YORK (Standard&Poor's) July 9, 2012--Standard&Poor's Ratings Services corrected by reinstating its long-term rating on Philadelphia Authority for Industrial Development, Pa.'s series 2007B-4 multimodal lease-revenue refunding bonds, issued for Philadelphia, to 'BBB+/NR'. The outlook is positive. At the same time, Standard&Poor's corrected by withdrawing its 'BBB' underlying rating (SPUR) on the same series.