How to use drawInRect:withAttributes: instead of drawAtPoint:forWidth:withFont:fontSize:lineBreakMode:baselineAdjustment: in iOS 7

You can use NSDictionary and apply attributes like this:

NSFont *font = [NSFont fontWithName:@"Palatino-Roman" size:14.0];

NSDictionary *attrsDictionary =

[NSDictionary dictionaryWithObjectsAndKeys:
                              font, NSFontAttributeName,
                              [NSNumber numberWithFloat:1.0], NSBaselineOffsetAttributeName, nil];

Use attrsDictionary as argument.

Refer: Attributed String Programming Guide

Refer: Standard Attributes

SWIFT:
IN String drawInRect is not available but we can use NSString instead:

let font = UIFont(name: "Palatino-Roman", size: 14.0)
let baselineAdjust = 1.0
let attrsDictionary =  [NSFontAttributeName:font, NSBaselineOffsetAttributeName:baselineAdjust] as [NSObject : AnyObject]
let str:NSString = "Hello World"
str.drawInRect(CGRectZero, withAttributes: attrsDictionary)