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Fitch gives A to Metropolitan Transportation Authority, N.Y., bonds
Fitch Ratings said it assigned an A rating to Metropolitan Transportation Authority, N.Y.'s $750 million of transportation revenue bonds, series 2008A.
Sale of the bonds is expected the week of Feb. 11.
Fitch also said it affirmed the A rating on the authority's $11.2 billion of outstanding transportation revenue bonds.
The outlook is stable.
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