DALLAS (Standard&Poor's) Sept. 9, 2014--Standard&Poor's Ratings Services said that it assigned its 'AA-' rating to San Antonio, Texas' series 2014 electric and gas systems junior-lien revenue refunding bonds. At the same time, Standard&Poor's affirmed its 'AA' rating on the city's senior-lien parity debt, its 'AA-' rating on the systems' junior-lien bonds outstanding, and its 'A-1+' commercial paper (CP) rating on the utility. The outlook is stable. "The rating reflects our opinion of the general creditworthiness of the system, doing business as City Public Service of San Antonio, or CPS Energy (CPS)," said Standard&Poor's credit analyst Theodore Chapman. As of Aug. 31, 2014, the electric and gas utility had $1.5 million in parity
