New York, September 14, 2016 -- Moody's Investors Service, ("Moody's") has upgraded Yankee Stadium LLC's rating to Baa1 from Baa2, affecting about $1.2 billion of rated debt outstanding. Moody's has also assigned a Baa1 to Yankee Stadium LLC's$779 million PILOT Revenue Refunding Bonds, Series 2016. The outlook is stable. The New York City Industrial Development Agency, NY serves as the conduit issuer of the bonds.
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