Fitch Rates Nassau County, NY's General Obligation Bonds, BANs and TANs; Outlook Negative

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns the following ratings to Nassau County, NY (the county):

--$93,500,000 general improvement bonds, 2013 series C at 'A';

--$1,045,000 general improvement bonds, 2013 series D at 'A';

--$123,000,000 bond anticipation notes, 2013 series B at 'F1';

--$148,000,000 tax anticipation notes, 2013 series A at 'F1';

--$77,000,000 tax anticipation notes, 2013 series B at 'F1'.

The series D bonds, the bond anticipation notes (BANs) and the tax anticipation notes (TANs) are expected to be sold through negotiation and the series C bonds via competitive sale on Dec. 5, 2013.