MOSCOW & WARSAW, Poland--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB-' rating on $12.7 million outstanding Build NYC Resource Corporation revenue bonds, series 2012, issued on behalf of Wagner College (Wagner). The Rating Outlook is Stable. SECURITY The bonds are secured by a pledge of gross receipts of the college, supported by a mortgage on all campus property. The debt service reserve on the series 2012 bonds is funded at $1.27 million. KEY RATING DRIVERS INVESTMENT-GRADE CHARACTERI
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