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

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.