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Fitch Rates San Antonio, TX's Elec and Gas System Revenue Refunding Bonds 'AA+'; Outlook Stable

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned its 'AA+' rating to the following bonds issued by the city of San Antonio: --Approximately $315.7 million electric and gas systems revenue refunding bonds, new series 2015. Bond proceeds will be used to refund outstanding senior lien series 2007 bonds for level savings with no maturity extension and pay costs of issuance. Bonds are expected to price on July 14, 2015 via negotiated sale. In addition, Fitch affirms the following outstandi

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