Investors’ Website Highlights Texas A&M University System’s Strong Bond Ratings
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News Release The site includes links to recent official statements, disclosure filings, annual financial reports, liquidity documents and rating agency websites. It can be found at http://www.tamus.edu/finance/treasury-services/bondholder-information-disclaimer/ The Texas A&M University System continues to enjoy strong debt ratings with a stable outlook, according to the nation’s three largest bond-rating agencies. Moody’s Investors Service, Standard & Poor’s Rating Services and Fitch Ratings issued their latest opinions last summer when the System was selling $67.3 million in Revenue Financing System bonds. “The system will continue to generate healthy positive margins and healthy cash flows,” according to Moody’s press release at the time. “Individual campuses adhere to the system administration’s budgetary guidelines and rigorous reviews result in positive financial results.” Moody’s rated Texas A&M University System’s Revenue Financing System debt as “Aaa,” its highest rating. “We are proud of these ratings and what they say about the financial health and stability of the Texas A&M System,” said Chancellor John Sharp. “That stability remains one of our highest priorities, and this new website allows greater transparency for the public and investors.” About the A&M System Contact: Terry McDevitt
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