TITLE

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

AUTHOR(S)
Cataldo, Adam L.
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/23/2006, Vol. 356 Issue 32387, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
20969862

 

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