21.12.2015 21:42:00

New York City Housing Dev Corp, NY -- Moody's downgrades to Aa3 from Aaa LOC-backed NYCHDC Rev. Bonds (Related-Upper East Project) 2003 A & B. VMIG 1 ratings affirmed.

$70M of debt affected. Ratings based on amended letter of credit provided by Landesbank Baden-Wuerttemberg

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