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BRIEF-S&P Global Ratings affirmed ratings on New York City's debt outstanding‍​
September 11, 2017 / 9:56 PM / 2 months ago

BRIEF-S&P Global Ratings affirmed ratings on New York City's debt outstanding‍​

Sept 11 (Reuters) - S&P:

* S&P says new york city’s 2018b tax-exempt go bonds subseries b-1, b-2, and b-3 rated ‘aa’; other ratings affirmed‍​

* S&P - S&P Global ratings affirmed ratings on New York City’s debt outstanding‍​

* S&P says ‘AA’ go rating reflects view of New York City’s strong economy, with access to “broad and diverse” metropolitan statistical area

* S&P - stable outlook reflects what we view as New York City’s diverse economy and status as the nation’s largest employment center

* S&P - New York City's projected budget gaps in fiscal 2019-2021 are manageable relative to historically projected gaps if favorable conditions continue Source text (bit.ly/2wTqA6g)

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