Fitch Rates New York City $650MM GOs 'AA-'; Stable Outlook (Business Wire via Yahoo! Finance)
Story date: 2008-02-07 10:48:00
Added on: 2008-02-07 12:00:10
NEW YORK----Fitch Ratings assigns an 'AA-' rating to New York City, New York's $650 million general obligation bonds series I, consisting of $475 million fiscal 2008 series I-1 tax-exempt fixed-rate bonds and $75 million fiscal 2008 series I-2 taxable fixed-rate bonds as well as $100 million tax-exempt variable-rate bonds.
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