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Published on 3/5/2008 in the Prospect News Municipals Daily.

Fitch rates New York State Environmental bonds AA-

Fitch Ratings said it assigned an AA- rating to $161.73 million of New York State Environmental Facilities Corp.'s state personal income tax revenue bonds (environment), consisting of $123,025,000 of series 2008A and $38,705,000 of series 2008B (federally taxable).

The bonds are expected to sell competitively on March 11.

Fitch also said it affirmed the AA- rating of about $10.7 billion of outstanding personal income tax revenue bonds issued by New York state agencies.

The outlook is positive.


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