July 21, 2017 / 7:37 PM / a month ago

BRIEF-S&P says New York City's 2018A general obligation bonds rated 'AA'

July 21 (Reuters) - S&P Global Ratings:

* S&P says New York City's 2018a general obligation bonds rated 'aa'; other ratings affirmed‍​

* S&P says New York City's projected budget gaps in fiscal 2019-2021 are manageable if favorable economic conditions continue‍​

* S&P says stable outlook reflects view of New York City's deep and diverse economy and status as the nation's largest employment center Source text (bit.ly/2twVAbL)

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