Standard&Poor's Ratings Services confirmed its 'AAA/A-1+' rating on New York State Dormitory Authority's (New York Public Library) series 1999A and 1999B education variable-rate revenue bonds, due to the bank facility being extended to Nov. 26, 2015. The long-term component of the rating is based jointly (assuming low correlation) on the ratings on the obligor, New York Public Library, and the letter of credit provider, TD Bank N.A. The short-term component of the rating is based solely on the rating on TD Bank N.A. 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
