San Antonio City Public Service's $393.6 Million Bonds Rated 'AA' - S&P Global Ratings’ Credit Research

San Antonio City Public Service's $393.6 Million Bonds Rated 'AA'

San Antonio City Public Service's $393.6 Million Bonds Rated 'AA' - S&P Global Ratings’ Credit Research
San Antonio City Public Service's $393.6 Million Bonds Rated 'AA'
Published Aug 04, 2006
457 words — Published Aug 04, 2006
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Abstract:

NEW YORK (Standard&Poor's) Aug. 4, 2006--Standard&Poor's Ratings Services said today that it assigned its 'AA' rating to San Antonio City Public Service's (CPS) proposed $393.555 million senior lien electric and gas revenue series 2006A bonds. CPS will use the proceeds to fund infrastructure improvements. At the same time, Standard&Poor's affirmed its 'AA' rating on CPS' $2.56 billion senior lien electric and gas revenue and refunding bonds, its 'AA-/A-1+' rating on CPS' $407 million electric and gas systems junior lien revenue bonds, and its 'A-1+' rating on CPS' commercial paper program. The commercial paper rating is linked to CPS long-term debt rating. The outlook is stable. CPS is a municipal electric and gas utility serving

  
Brief Excerpt:

RESEARCH San Antonio City Public Service's $393.6 Million Bonds Rated '##' Publication date: 04-Aug-2006 NEW YORK (Standard & Poor's) Aug. 4, 2006--Standard & Poor's Ratings Services said today that it assigned its '##' rating to San...

  
Report Type:

Ratings Action

Ticker
2870Z
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "San Antonio City Public Service's $393.6 Million Bonds Rated 'AA'" Aug 04, 2006. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/San-Antonio-City-Public-Service-s-393-6-Million-Bonds-Rated-AA-524753>
  
APA:
S&P Global Ratings’ Credit Research. (). San Antonio City Public Service's $393.6 Million Bonds Rated 'AA' Aug 04, 2006. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/San-Antonio-City-Public-Service-s-393-6-Million-Bonds-Rated-AA-524753>
  
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