NEW YORK (Standard&Poor's) Oct. 20, 2010--Standard&Poor's Ratings Services assigned its 'AA/A-1+' rating to City of Colorado Springs, Colo.'s utilities system revenue bonds, series 2010C. At the same time, Standard&Poor's affirmed its 'AA' long-term rating on CSU's parity debt outstanding. The outlook is stable. After issuing these bonds, debt outstanding will total about $2 billion. "The long-term rating reflects what we consider to be strong financial management, competitive rates in each of its four utility systems, a diverse mixture of resources in its electric system, and a stable regional economic base, which absorbs much of the growth in the surrounding area," said Standard&Poor's credit analyst Judith Waite. The utility will use bond proceeds
