Fitch Rates Texas' $445MM GO Public Finance Auth Bonds 'AAA'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAA' rating to the following State of Texas general obligation (GO) bonds to be issued by the Texas Public Finance Authority (TPFA): --$445,000,000 State of Texas GO and refunding bonds, taxable series 2015C. The bonds are expected to sell via negotiated sale on or about Oct. 14. The Rating Outlook is Stable. SECURITY The bonds are general obligations to which the state pledges its full faith and credit. KEY RATING DRIVERS LOW DEBT: Texa

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