Standard&Poor's Ratings Services confirmed its 'A/A-1' rating on Los Angeles' series 2003A variable-rate multifamily housing revenue bonds, issued for the Asbury Apartments, due to the bank facility being extended to Aug. 1, 2018. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, Citibank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009