NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a rating of 'F1+' to the $200,000,000 Long Island Power Authority, NY (LIPA) electric system general revenue notes series 2015 GR-1, consisting of: GR-1A (Federally Taxable) and GR-1B (Tax-exempt) notes (notes). KEY RATING DRIVERS: The 'F1+' rating is based on the support provided by an irrevocable direct-pay letter of credit (LOC) issued by TD Bank N.A. (rated 'AA-/F1+', Outlook Stable). The TD Bank LOC provides coverage for the principal amount
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