San Antonio, TX, Series 2009B, C, And D Assigned 'AA' Rating; Other Ratings Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research

San Antonio, TX, Series 2009B, C, And D Assigned 'AA' Rating; Other Ratings Affirmed; Outlook Stable

San Antonio, TX, Series 2009B, C, And D Assigned 'AA' Rating; Other Ratings Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research
San Antonio, TX, Series 2009B, C, And D Assigned 'AA' Rating; Other Ratings Affirmed; Outlook Stable
Published May 05, 2009
Published May 05, 2009
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (Standard&Poor's) May 5, 2009--Standard&Poor's Ratings Services has assigned its 'AA' rating to the City of San Antonio, Texas' $101.4 million electric and gas systems revenue bonds, new series 2009B; $249.8 million revenue bonds, taxable new series 2009C (direct subsidy--Build America bonds); and $209.4 million revenue refunding bonds, new series 2009D. At the same time, Standard&Poor's affirmed its 'AA' rating on San Antonio's $3.5 billion senior lien electric and gas revenue and refunding bonds, its 'AA-/A-1+' rating on the $402 million electric and gas systems junior lien revenue bonds, and its 'A-1+' rating on the tax-exempt commercial paper program. The outlook on the long-term ratings is stable. The commercial paper rating is linked

  
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, TX, Series 2009B, C, And D Assigned 'AA' Rating; Other Ratings Affirmed; Outlook Stable" May 05, 2009. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/San-Antonio-TX-Series-2009B-C-And-D-Assigned-AA-Rating-Other-Ratings-Affirmed-Outlook-Stable-719929>
  
APA:
S&P Global Ratings’ Credit Research. (). San Antonio, TX, Series 2009B, C, And D Assigned 'AA' Rating; Other Ratings Affirmed; Outlook Stable May 05, 2009. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/San-Antonio-TX-Series-2009B-C-And-D-Assigned-AA-Rating-Other-Ratings-Affirmed-Outlook-Stable-719929>
  
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