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Fitch Affirms San Antonio (TX) Water System CP Notes Series A at 'F1' and Series B at 'F1+'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the 'F1' rating assigned to the city of San Antonio (the city) water system commercial paper notes, series A and the 'F1+' rating assigned to the series B notes. The affirmations are in connection with (i) the increase in the revolving credit agreement (RCA) provided by Bank of Tokyo-Mitsubishi UFJ, LTD., (BTM, rated 'A/F1+', Stable Outlook) which provides liquidity support for the series A notes, to $350,000,000 from $250,000,000; (ii) the reduc

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