NEW YORK--(BUSINESS WIRE)--Fitch Ratings withdraws the 'F1+' short-term rating on the following bond:
--New York City (NY) adjustable rate general obligation bonds series fiscal 2008L-6.
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.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research:
--'Rating Guidelines for Variable-Rate Demand Obligations and Commercial Paper Issued with External Liquidity Support' (Jan. 27, 2014).
Applicable Criteria and Related Research:
Rating Guidelines for Variable-Rate Demand Obligations and Commercial Paper Issued with External Liquidity Support
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=730736
Additional Disclosure
Solicitation Status
http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=853235
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