Standard&Poor's Ratings Services confirmed the short-term component its 'AAA/A-1+' rating on New York City Transitional Finance Authority's fiscal 2013 series A, subseries A-6 and A-7 future-tax-secured bonds, due to the bank facility being extended to Aug. 19, 2020. The long-term component of the rating is based on the rating on the obligor, New York City Transitional Finance Authority. The short-term component of the rating is based on the short-term rating on the liquidity facility provider, State Street Bank&Trust Co. The stable outlook, applicable solely to the long-term component of the rating, is based on the outlook on the obligor. USPF Criteria: Bank Liquidity Facilities, June 22, 2007 USPF Criteria: Special Tax Bonds, June 13, 2007 USPF
