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Fitch Affirms Texas Christian University's Revs 'AA-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AA-' rating on approximately $206 million of outstanding Red River Education Finance Corporation (RREFC), higher education revenue bonds (series 2007, 2010, 2011, and 2013), as well as the 'AA-/F1+' rating on $130 million of outstanding RREFC higher education variable-rate demand bonds (VRDBs) (unenhanced series 2000 and 2006), issued on behalf of Texas Christian University (TCU). The short-term 'F1+' rating on the series 2000 and 2006

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