S&P Raises N.Y.C. GOs To AA-Minus

Cataldo, Adam L.
May 2006
Bond Buyer;5/23/2006, Vol. 356 Issue 32387, p1
Trade Publication
The article reports on the rating upgrade of Standard & Poor Corp. on New York City's general obligation (GO) debt. S&P rated the state's GO debt to AA-minus from A-plus ahead of May 23, 2006 sales of 600 million dollars in bond. The upgrade affects about 34.2 billion dollars of GO debt and the outlook is stable.


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