Standard & Poor's Ratings Services said it has raised its rating on Indianapolis, Ind.'s gas utility system bonds (senior lien) to AA from AA-minus, and on Indianapolis' Gas utility distribution system (GUDS) bonds (second lien) to AA-minus from A-plus.

At the same time, Standard & Poor's assigned its AA-minus rating to Indianapolis' GUDS bonds, series 2013A. The outlook is stable.

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