Standard&Poor's Ratings Services confirmed its 'AA+/A-1' rating on New York City Municipal Water Finance Authority's fiscal 2013 series A, subseries A-1 second general resolution water and sewer system revenue bonds, due to the bank facility being extended to Oct. 2, 2018. The long-term component of the rating is based on the rating on the obligor, New York City Municipal Water Finance Authority. The short-term component of the rating is based on the rating on the liquidity facility provider, PNC Bank N.A. The stable outlook is based on the outlook on the obligor. USPF Criteria: Bank Liquidity Facilities, June 22, 2007 USPF Criteria: Standby Bond Purchase Agreement Automatic Termination Events, April 11, 2008 USPF Criteria: Standard&Poor?s Revises
