DALLAS - The University of Texas System is preparing the state's largest debt issue so far this year: $625 million of revenue bonds, including $330 million of Build America Bonds.

The taxable BABs would be the first for a university in Texas, and the total deal would be the largest for the UT System since a $685 million deal priced in March 2008. The size of the deal could grow or shrink based on market conditions, said Terry Hull, director of finance for the system.

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