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February 19, 2020

Bryan Texas Utilities’ credit ratings outlook upgraded

Bryan Texas Utilities (BTU) announced credit outlook upgrades by Fitch bond rating services for both the City and Rural System Revenue Bonds.

Both systems’ Revenue Bonds were affirmed AA- by Fitch Ratings, and their rating outlook was upgraded to “positive” from “stable”. This outlook upgrade reflects BTU’s solid financial condition and comes just 15 months after BTU’s previous credit ratings upgrade for the two systems, from A+ to AA-.

Posted in: Press Releases