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Fitch to Rate NYC IDA Civic Facilities VRDBs Ser 2002 'AAApre/F1+'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Effective July 1, 2015, Fitch Ratings will assign a rating of 'AAApre/F1+' to the $3,740,000(principal amount outstanding of $15,000,000 originally issued), New York City Industrial Development Agency Civic Facility Variable Rate Revenue Demand Bonds Series 2002 (Planned Parenthood Federation of America, Inc.) to be refunded on July 1, 2015. The Rating Outlook is Stable. KEY RATING DRIVERS The 'AAApre/F1+'; Stable Outlook rating is based on the deposit of cash into an

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