Rural Elec Sys Rev Bonds Ser 2024
$14,305,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- April 3, 2024
- Fiscal year issued
- 2024
- Par amount
- $14,465,000
- New money / refunding
- $14,465,000 / $0
- Pledge
- Revenue
- Purpose
- Combined utility system
- Sale
- Negotiated
- Final maturity
- July 1, 2049
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $14,305,000 | $9,128,950 | $23,433,950 |
| 2024 | $14,465,000 | $9,947,110 | $24,412,110 |
Costs of issuance
Download CSVOne-time costs reported: $268,852, or $18.59 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.66 |
| Bond counsel | Orrick Herrington & Sutcliffe LLP | One time | $34,500.00 | $2.39 |
| Bond insurance | Assured Guaranty Inc | One time | $41,541.32 | $2.87 |
| Financial advisor | Specialized Public Finance Inc | One time | $37,325.00 | $2.58 |
| Financial advisor | Specialized Public Finance Inc | One time | $350.00 | $0.02 |
| Financial advisor | Specialized Public Finance Inc | One time | $350.00 | $0.02 |
| Financial advisor | Specialized Public Finance Inc | One time | $3,000.00 | $0.21 |
| Financial advisor | Specialized Public Finance Inc | One time | $5,000.00 | $0.35 |
| Other costs | Not reported | One time | $2,650.00 | $0.18 |
| Paying agent and registrar | UMB Bank NA | One time | $400.00 | $0.03 |
| Printing | Financial Printing Resources Inc | One time | $1,000.00 | $0.07 |
| Printing | Ipreo LLC | One time | $1,200.00 | $0.08 |
| Printing | Specialized Public Finance Inc | One time | $5,000.00 | $0.35 |
| Rating agency | Fitch | One time | $27,000.00 | $1.87 |
| Rating agency | S&P | One time | $22,725.00 | $1.57 |
| Underwriter's spread: expenses | Not reported | One time | $6,325.25 | $0.44 |
| Underwriter's spread: takedown | Not reported | One time | $56,520.00 | $3.91 |
| Underwriter's counsel (paid by the underwriter) | Bracewell LLP | One time | $14,465.00 | $1.00 |
Source: Local Issuance Fee By Year (updated by the publisher Sep 9, 2026); Debt Outstanding By Issuance Local By Year (updated by the publisher Sep 9, 2026). Loaded here Oct 3, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.