DALLAS (Standard&Poor's) Oct. 1, 2012--Standard&Poor's Ratings Services assigned its 'AA+' long-term rating to San Antonio Public Facilities Corporation, Texas' series 2012 improvement and refunding lease revenue bonds, issued for San Antonio. At the same time, Standard&Poor's affirmed its 'AAA' underlying rating (SPUR) on the city's general obligation debt outstanding and its 'AA+' rating and SPUR on the city's appropriation debt outstanding. The outlook on all ratings is stable. "The ratings reflect our view of the city's deep and increasingly diverse economy, very strong financial performance and position, and strong financial management policies," said Standard&Poor's credit analyst Lauren Spalten. Bond proceeds will be used primarily to refund all outstanding city indebtedness issued to
