Summary: San Antonio, Texas; Appropriations; General Obligation - S&P Global Ratings’ Credit Research

Summary: San Antonio, Texas; Appropriations; General Obligation

Summary: San Antonio, Texas; Appropriations; General Obligation - S&P Global Ratings’ Credit Research
Summary: San Antonio, Texas; Appropriations; General Obligation
Published Aug 02, 2023
9 pages (3471 words) — Published Aug 02, 2023
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AAA' long-term rating to the City of San Antonio, Texas's following series 2023 debt in the approximate and projected amounts of: $160 million general improvement bonds; $23 million taxable general improvement bonds; $54 million combination tax and revenue certificates of obligation; $287 million taxable tax notes; and $31 million tax notes. At the same time, S&P Global Ratings affirmed its 'AAA' long-term rating on San Antonio's general obligation (GO) debt outstanding and its 'AA+' long-term rating on the city's lease revenue bonds. The outlook is stable. Proceeds from the multiple series will fund various parks, recreation, streets, utilities, facility and technology improvements, affordable housing, and to provide interim financing for airport capital improvements. The GO

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '###' long-term rating to the City of San Antonio, Texas's following series 2023 debt in the approximate and projected amounts of: $160 million general improvement bonds; $23 million taxable general improvement bonds; $54 million combination tax and revenue certificates of obligation; $287 million taxable tax notes; and $31 million tax notes. + At the same time, S&P Global Ratings affirmed its '###' long-term rating on San Antonio's general obligation (GO) debt outstanding and its '##+' long-term rating on the city's lease revenue bonds. + The outlook is stable....

  
Report Type:

Summary

Ticker
2870Z
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: San Antonio, Texas; Appropriations; General Obligation" Aug 02, 2023. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-San-Antonio-Texas-Appropriations-General-Obligation-3029178>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: San Antonio, Texas; Appropriations; General Obligation Aug 02, 2023. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-San-Antonio-Texas-Appropriations-General-Obligation-3029178>
  
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