Standard&Poor's Ratings Services affirmed its 'A-1+' rating on San Antonio, Texas' series A water system commercial paper (CP) notes based on the water system's strong general creditworthiness. The notes are payable from a pledge of net system revenues. An amended revolving credit agreement between the city of San Antonio, Bank of America N.A., State Street Bank and Trust Co., and U.S. Bank N.A., effective July 8, 2009, and extending through July 1, 2010, provides liquidity support. This amended revolving credit agreement reduced the commitment of Bank of America to $100 million from $200 million, and adds U.S. Bank as a provider. The commitment amount is split evenly among the three financial institutions, with each providing liquidity up to
