Press Release|Public Finance

KBRA Publishes Report Affirming AA+ Rating, Stable Outlook for Texas Tech University System RFS Bonds

10 Jul 2024   |   New York


On July 3, 2024, KBRA affirmed the long-term rating of AA+ with a Stable Outlook on outstanding Texas Tech University System Board of Regents Revenue Financing System (RFS) bonds issued on behalf of Texas Tech University System ("the System"). RFS Obligations issued under the Master Resolution are payable from and solely secured by Pledged Revenues of the RFS System. Pledged Revenues consist of Revenue Funds, including all unencumbered funds and balances legally available to the Board.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1005063

805 Third Avenue
29th Floor
New York, NY 10022
+1 (212) 702-0707
Contact Us

© 2010-2024 Kroll Bond Rating Agency, LLC. All Rights Reserved. Kroll Bond Rating Agency, LLC is not affiliated with Kroll Inc., Kroll Associates Inc., KrollOnTrack Inc., or their affiliated businesses.