Moody's Research Reports give you an in-depth perspective into the credit quality of an issuer. Each report is a comprehensive credit analysis examining the financial strength and risk factors particular to each issuer.

Search reports:

By Date
By Issuer
General Obligations

NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY, NY - Moody's Research Report

MOODY'S ASSIGNS Aa1/VMIG 1 RATINGS TO $325 MILLION OF NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY FIRST GENERAL RESOLUTION VARIABLE RATE BONDS

Posted on: March 19, 2012, 6:10 pm

NEW YORK, March 19, 2012 --Moody's Investors Service has assigned Aa1/VMIG 1 ratings to the New York City Municipal Water Finance Authority's $325 million Water and Sewer System General Resolution Revenue Bonds, Adjustable Rate Fiscal 2012 Series B, consisting of $100 million Subseries B-1, $100 million Subseries B-2, $75 million Subseries B-3 and $50 million Subseries B-4. The bonds, which will have liquidity support through a standby bond purchase agreements provided by US Bank, NA, the California Public Employees' Retirement System, State Street Bank and Trust Company, and The Northern Trust Company, are scheduled to price on March 27. Proceeds will be used primarily to redeem commercial paper that was issued to finance a portion of the authority's capital plan...

Get unlimited, members-only access to Moody's Research Reports on thousands of issuers - SIGN IN or BECOME A MEMBER to read this full report »

Login to your account

Email address:
Password:

Become a member

Register for a MunicipalBonds.com account to get access to a whole new way of tracking, analyzing, and researching bonds.

   Keep track of bonds you own
   Get ratings from S&P and Moody's for all rated municipal bonds
   View issue history reports
   Access our price archives
...And much more

Register now »