...S&P Global Ratings assigned its '##' long-term rating to New York City's approximately $935 million fiscal 2022 series B and fiscal 2022 series C general obligation (GO) bonds: + Subseries B-1 in the approximate amount of $625 million (tax-exempt); + Subseries B-2 in the approximate amount of $60.3 million (taxable); and + Series C in the approximate amount of $250 million (tax-exempt). At the same time, we affirmed our '##' long-term rating on the city's GO debt outstanding; our '##-' underlying rating (SPUR) on the city's appropriation debt outstanding, including the Hudson Yards Infrastructure Corp.'s (HYIC) revenue bonds; and our 'A+' SPUR on the city's moral obligation debt outstanding. Finally, S&P Global Ratings affirmed its ratings on various issuances where the short-term ratings are based on the liquidity support provided by various financial institutions, and where the long-term ratings are based on joint support. The outlook, where applicable, is stable. The HYIC bonds carry...
