Home Credit Ratings and Research S&P Global Ratings’ Credit Research State of New York

S&P Corrects Ratings On Specific Maturities Of Metropolitan Transportation Authority, NY's Series Q And 8 Bonds

Published Jul 27, 2012

About This Report

Abstract:

NEW YORK (Standard&Poor's) July 27, 2012--Standard&Poor's Ratings Services has corrected by raising its rating on Metropolitan Transportation Authority (MTA), N.Y.'s series Q commuter facilities service contract revenue bonds (CUSIP 592598N51) due 2013 issued for New York State to 'AA+' from 'AA-'. At the same time, Standard&Poor's has corrected by reinstating its 'AA+' rating on MTA's series 8 commuter facilities service contract revenue bonds (CUSIP 592596TK6) due 2013, also issued for the state. The outlook for both issues is negative.

Report Type:

Ratings Action

Issuer

State of New York

Sector

Public Finance

Country

United States

Region

United States

Format:

PDF

Summary: New York State Dormitory Authority New York State; Appropriations – 2012/07/31 – US$ 225.00

Summary: New York State Dormitory Authority; Appropriations – 2012/08/09 – US$ 225.00

New York State Thruway Authority; Miscellaneous Tax – 2012/08/13 – US$ 500.00

Summary: New York State Thruway Authority; Miscellaneous Tax – 2012/08/13 – US$ 225.00

New York State Outlook Revised To Positive From Stable On Structural Budget Balance – 2012/08/27 – US$ 150.00

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11710, 11737, And 11829; Residual Certificates; Tender Option Certificates/Bonds – 2012/07/23 – US$ 225.00

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11710, 11737, And 11829; Residual Certificates; Tender Option Certificates/Bonds – 2012/07/12 – US$ 225.00

Summary: JPMorgan Securities PUTTERs&DRIVERs Trust; Tender Option Certificates/Bonds – 2012/07/03 – US$ 225.00

New York State Dormitory Authority's Series 2012B&C Personal Income Tax Revenue Bonds Rated 'AAA', Stable Outlook – 2012/06/29 – US$ 150.00

New York State Dormitory Authority; Miscellaneous Tax – 2012/06/29 – US$ 500.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "S&P Corrects Ratings On Specific Maturities Of Metropolitan Transportation Authority, NY's Series Q And 8 Bonds" Jul 27, 2012. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Ratings-On-Specific-Maturities-Of-Metropolitan-Transportation-Authority-NY-s-Series-Q-And-8-Bonds-994647>

APA:	S&P Global Ratings’ Credit Research. (). S&P Corrects Ratings On Specific Maturities Of Metropolitan Transportation Authority, NY's Series Q And 8 Bonds Jul 27, 2012. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Ratings-On-Specific-Maturities-Of-Metropolitan-Transportation-Authority-NY-s-Series-Q-And-8-Bonds-994647>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.