New York City Housing Development Corp. Short-Term Rating On Certain Multifamily Housing Revenue Bonds Withdrawn

Stocks and Financial Services Press Releases Friday July 6, 2018 11:27
SAN FRANCISCO--6 Jul--S&P Global Ratings

SAN FRANCISCO (S&P Global Ratings) July 5, 2018--S&P Global Ratings corrected by withdrawing its short-term rating on New York City Housing Development Corp. 's series 2008J, 2008K, 2009I-2, 2010H, 2011F-2, 2011F-3, 2013 D-2, 2014B-2, 2014D-2, 2014H-2, 2015B-2, 2016G-2, 2016J-1, 2016J-2, and 2017B-2 multifamily housing revenue bonds.

The 'NR' on each series, indicating that none of the series of bonds is supported by a liquidity facility, was in error. 'NR' was not appropriate, as the bonds are not short-term obligations as defined under our ratings definitions.

Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore be read in conjunction with such criteria. Please see Ratings Criteria at www.standardandpoors.com for further information. Complete ratings information is available to subscribers of RatingsDirect at www.capitaliq.com. All ratings affected by this rating action can be found on S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column.


Latest Press Release

CPFs sales revenue reach Bt 541 billion, showing an 8% annualized growth Overseas businesses contributed 67%

Charoen Pokphand Foods PLC (CPF), one of the world's leading agro-industrial and food conglomerates with investment in 17 countries, posted Bt541,937 million in sales revenue in 2018 and Bt15,531 million in net profits. Mr.Sooksunt Jiumjaiswanglerg,...

KBank implements Nan Cultivation of Wisdom project to promote new ways of learning among youths

In continual support of the "Cultivation of Wisdom" project, KBank has joined hands with the University of Phayao to implement the "Nan Cultivation of Wisdom" project at 30 selected schools in Nan province, beginning in the 2019 academic year. With the...

Photo Release: KBank supports the Nan Cultivation of Wisdom project

Recently, at KBank Phahon Yothin Building, Dr. Adit Laixuthai, right, Senior Executive Vice President of KASIKORNBANK, and Assoc. Prof. Samur Thanoi, left, Ph.D., Acting Vice President for Research and Innovation, University of Phayao, recently signed an...

ZEN undergoes 1st trading day, confident in strong fundamentals, aims for food service leadership in Thailand, to add owned, franchised restaurants

ZEN underwent its first trading day in the stock market. Drawing its strengths from the variety of restaurant brands and the potential to grow through expansion of franchise and connected businesses, it is working to increase the number of restaurants by...

ADNOC Assigned AA+ Standalone and AA Long-Term Issuer Default Credit Rating by Fitch

- Ratings are the highest currently assigned by Fitch to any oil and gas company, globally - Best-in-sector ratings highlight ADNOC's high upstream output and significant reserves, strong profitability, commercially-focused business model, downstream...

Related Topics