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Fitch Affirms Texas A&M Univ. System Rev Financing System CP Rating at 'F1+'

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings affirmed its 'F1+' rating on the $300 million authorized Revenue Financing System (RFS) tax-exempt commercial paper (CP) notes issued by the Board of Regents of the Texas A&M University System (TAMUS or the university). SECURITY RFS debt is a special obligation secured by a lien and pledge of all legally available revenues and fund balances of the system. The RFS CP is issued on parity with outstanding RFS bonds. KEY RATING DRIVERS FINANCIAL STRENGTH Reported by Business Wire 1 hour ago.

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