S&P Global Ratings assigned its 'AA+' rating to the New York City Municipal Water Finance Authority's (New York Water [NYW]) anticipated $478 million series 2024 CC-1 and CC-2 water and sewer system second general resolution revenue bonds, issued on behalf of New York Water. At the same time, we affirmed our 'AAA' rating on the authority's first general resolution bonds, our 'AA+' rating on its second general resolution bonds, and our 'A-1+' commercial paper (CP) program rating. Finally, we also affirmed our 'A-1+' and 'A-1' short-term ratings on the system's outstanding debt, where applicable, based on the liquidity provider's short-term rating. The outlook, where applicable, is stable. The 'AA+' long-term rating reflects our view of the general creditworthiness of New
