San Antonio, TX Water System Revenue Bonds Series 2010 Rated 'AA'; Junior-Lien Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research

San Antonio, TX Water System Revenue Bonds Series 2010 Rated 'AA'; Junior-Lien Bonds Rated 'AA-'

San Antonio, TX Water System Revenue Bonds Series 2010 Rated 'AA'; Junior-Lien Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research
San Antonio, TX Water System Revenue Bonds Series 2010 Rated 'AA'; Junior-Lien Bonds Rated 'AA-'
Published Nov 05, 2010
1188 words — Published Nov 05, 2010
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Abstract:

DALLAS (Standard&Poor's) Nov. 5, 2010--Standard&Poor's Ratings Services has assigned its 'AA' rating, with a stable outlook, to San Antonio, Texas' series 2010A and 2010B water system revenue bonds. At the same time, we have assigned our 'AA-' rating to San Antonio's series 2010A water system junior-lien revenue and refunding bonds, secured by a junior-lien pledge of net revenues of the water system. In addition, Standard&Poor's has affirmed its ratings on the system's senior- and junior-lien bonds outstanding. The junior-lien bonds are expected to be sold to the Texas Water Development Board. "The ratings reflect our assessment of the broad, diversified, and growing service area that encompasses most of the city of San Antonio ('AAA'

  
Brief Excerpt:

RESEARCH San Antonio, TX Water System Revenue Bonds Series 2010 Rated '##'; Junior-Lien Bonds Rated '##-' Publication date: 05-Nov-2010 Primary Credit Analyst: James Breeding, Dallas (1) 214-871-1407; james_breeding@standardandpoors.com...

  
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 Water System Revenue Bonds Series 2010 Rated 'AA'; Junior-Lien Bonds Rated 'AA-'" Nov 05, 2010. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/San-Antonio-TX-Water-System-Revenue-Bonds-Series-2010-Rated-AA-Junior-Lien-Bonds-Rated-AA-830039>
  
APA:
S&P Global Ratings’ Credit Research. (). San Antonio, TX Water System Revenue Bonds Series 2010 Rated 'AA'; Junior-Lien Bonds Rated 'AA-' Nov 05, 2010. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/San-Antonio-TX-Water-System-Revenue-Bonds-Series-2010-Rated-AA-Junior-Lien-Bonds-Rated-AA-830039>
  
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