Fitch Rates NYC IDA Civic Facilities VRDBs, Series 2002, 'AAApre/F1+', Outlook Stable

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned 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.) which were refunded today. The Rating Outlook is Stable. KEY RATING DRIVERS The 'AAApre/F1+', Outlook Stable rating is based on the deposit of cash into an irrevocable trust fund se

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