NEW YORK (Standard&Poor's) May 16, 2007--Standard&Poor's Ratings Services assigned its 'AA' rating to San Antonio, Texas' series 2007 electric and gas systems revenue and refunding bonds. The outlook is stable. At the same time, Standard&Poor's affirmed its 'AA' rating on the city's revenue bonds, its 'A-1+' short-term rating on the city's series A CP electric bonds, its 'AA' underlying rating (SPUR) on the city's electric and gas system bonds, and its 'AA-/A-1+' split rating on the city's electric and gas systems junior-lien and series 2004 variable-rate revenue bonds. The CP rating is linked to the long-term debt rating. The ratings reflect the city's strong economy, economic resource mix, and astute management. These strengths are
