NEW YORK--(BUSINESS WIRE)--The rating action referenced in Fitch Ratings' Feb. 22, 2013, press release (Fitch to Take Various S-T Rating Actions on NY Muni Water and Sewer Sys Rev Bonds, 2008 B-1), is effective today (March 6, 2013).
Additional information is available at www.fitchratings.com. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research:
--'U.S. Municipal Structured Finance Criteria', Feb. 28, 2012;
--'Rating Guidelines for Variable-Rate Demand Obligations and Commercial Paper Issued with External Support', Jan. 31, 2013.
Applicable Criteria and Related Research
U.S. Municipal Structured Finance Criteria
Rating Guidelines for Variable-Rate Demand Obligations and Commercial Paper Issued with External Liquidity Support