07.04.2015, 09:03
Fitch Withdraws S-T Rating on New York City (NY) Series 2012G-5 Bonds
OREANDA-NEWS. Fitch Ratings has withdrawns the 'F1+' short-term rating on the following bonds:
--New York City (NY) general obligation adjustable rate fiscal 2012 series G-5.
The short-term rating withdrawal is in connection with the conversion of the bonds from the daily rate mode to the index rate mode and termination of the Wells Fargo Bank, N.A. standby bond purchase agreement (SBPA) supporting the bonds.
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