Summary: New York State Urban Development Corp. New York State; Miscellaneous Tax

S&P Global Ratings assigned its 'AAA' long-term rating, and stable outlook, to the New York State Urban Development Corp.'s $1.844 billion state personal income tax (PIT) revenue bonds (general purpose), series 2017A and series 2017B (federally taxable). S&P Global Ratings also affirmed its 'AAA' rating, with a stable outlook, on New York State's $31.4 billion PIT revenue bonds outstanding issued by various conduit issuers. In addition, S&P Global Ratings affirmed its 'AAA/A-1' on the variable-rate demand bonds; the long-term component of the rating reflects the state personal income tax and the short-term component reflects the liquidity facility provided by JP Morgan Chase. The outlook on the long-term rating is stable. The 'AAA' rating reflects what we view as: The large

...S&P Global Ratings assigned its '###' long-term rating, and stable outlook, to the New York State Urban Development Corp.'s $1.844 billion state personal income tax (PIT) revenue bonds (general purpose), series 2017A and series 2017B (federally taxable). S&P Global Ratings also affirmed its '###' rating, with a stable outlook, on New York State's $31.4 billion PIT revenue bonds outstanding issued by various conduit issuers. In addition, S&P Global Ratings affirmed its '###/A-1' on the variable-rate demand bonds; the long-term component of the rating reflects the state personal income tax and the short-term component reflects the liquidity facility provided by JP Morgan Chase. The outlook on the long-term rating is stable. The '###' rating reflects what we view as:...

Summary