Fitch Rates Texas A&M University System’s 2017AB Rev Bonds ‘AAA’; Outlook Stable

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned a ‘AAA’ rating to approximately $621 million taxable series 2017A and tax-exempt series 2017B revenue financing system (RFS) revenue and refunding bonds issued by the Board of Regents of the Texas A&M University System (TAMUS). Proceeds will be used to provide about $387 million of new money for various state authorized TRB capital projects, advance refund all or portions of various parity RFS bonds, and pay issuance expenses. The bonds a