Fitch rates New York health facilities bonds A+

Fitch Ratings said it assigned an A+ rating to $78.95 million Dormitory Authority of the State of New York municipal health facilities improvement program lease revenue bonds (New York City issue), 2008 series 1.

The bonds are expected to sell through negotiation on June 4. They mature Jan. 15, 2009-2019 with final details to be determined upon negotiation. Proceeds will refund selected maturities of 1998 series 1 bonds.

Fitch also affirmed the underlying AA- rating on the authority's outstanding parity bonds, including $257.8 million 1998 series 1 bonds, $83.4 million 2001 series 1 bonds and $420.9 million 2001 series 2 bonds, subseries 2-1 through 2-5.

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