SAN FRANCISCO (Standard&Poor's) Sept. 14, 2012--Standard&Poor's Ratings Services raised its rating and underlying rating (SPUR) to 'A+' from 'A' on the Port of Oakland, Calif.'s senior-lien revenue bonds and raised its SPUR on the port's intermediate-lien revenue bonds to 'A' from 'A-'. The outlook on the bonds is stable. In addition, Standard&Poor's assigned its 'A+' rating, and stable outlook, to the port's $380.4 million 2012 series P and $9.1 million 2012 series Q senior-lien refunding revenue bonds. Standard&Poor's also assigned its 'A+' SPUR to the existing 2002 series L bonds. "We base the ratings on our view that management's implementation of its financial plan has led to results that are more consistent
