Standard&Poor's Ratings Services confirmed its 'AAA/A-1+' rating on New York State Dormitory Authority's series 2003D-2E and 2003D-2H mental health services facility improvement revenue bonds, due to the bank facility being extended to Jan. 9, 2017. The long-term component of the rating is based jointly (assuming low correlation) on the ratings on the obligor, New York State Dormitory Authority, and the letter of credit provider, Royal Bank of Canada. The short-term component of the rating is based solely on the rating on Royal Bank of Canada. USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007 Criteria: Joint Support Criteria Update, April 22, 2009 Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009
