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FRN

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FRN

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Fitch also affirms its 'AAA/F1+' on the A&M System PUF FRN program, which has a maximum capacity of $125 million.
A capped FRN is a floating rate note combined with an interest rate cap, while a collared FRN is one that combines both an interest rate cap and floor.
A capped FRN is a floating rate note combined with an interest rate cap, while a collared FRN is one that combines both an interest rate cap and floor.
 
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