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Fitch Revises Austin ISD TX's Outlook to Stable; Affirms Ratings at 'AA+'

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November 28, 2023


Fitch Ratings has affirmed Austin Independent School District (ISD), Texas' Issuer Default Rating (IDR) and unlimited tax (ULT) bonds as follows:

--Issuer Default Rating (IDR) at 'AA+';

--Approximately $2 billion in outstanding ULT bonds at 'AA+' (underlying rating).

The Rating Outlook is revised to Stable from Negative.

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