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S&P rates New York City Housing bonds AA-/A-1+
Standard & Poor's said it assigned its AA-/A-1+ rating to New York City Housing Development Corp.'s multifamily mortgage revenue bonds (Beekman Tower) 2008 series A based on an irrevocable, direct-pay LOC provided by RBS Citizens NA (AA-/A-1+).
The issue includes $203.9 million of the bonds.
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