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S&P rates Lincoln Center bonds AA+/A-1+
Standard & Poor's said it assigned an AA+/A-1+ rating to the $160 million series 2008A refunding revenue bonds issued by New York City Trust For Cultural Resources on behalf of Lincoln Center for the Performing Arts Inc.
The rating is based on a letter of credit provided by Bank of America NA, rated AA+/A-1+ by S&P.
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