Standard&Poor's Ratings Services confirmed its 'AA+/A-1' rating on New York City Municipal Water Finance Authority's fiscal 2008 series BB, subseries BB-1, and fiscal 2013 series AA, subseries AA-2 second general resolution water and sewer system adjustable-rate revenue bonds, due to the bank facility being extended to Sept. 14, 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, Bank of Tokyo-Mitsubishi UFJ Ltd. 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
