Multi-Modal Ltd MTN Ser 2015 (VR)
Last reported in fiscal year 2018, with $75,000,000 of principal then outstanding.
Terms
- Closing date
- July 28, 2015
- Fiscal year issued
- 2015
- Par amount
- $75,000,000
- New money / refunding
- $75,000,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- School facilities and equipment
- Sale
- Negotiated
- Final maturity
- August 15, 2034
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2018 | $75,000,000 | $41,850,000 | $116,850,000 |
| 2017 | $75,000,000 | $94,125,000 | $169,125,000 |
| 2016 | $75,000,000 | $95,250,000 | $170,250,000 |
Costs of issuance
Download CSVOne-time costs reported: $705,721, or $9.41 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 | $0.13 |
| Bond counsel | Bracewell LLP | One time | $93,750.00 | $1.25 |
| Bond insurance | None | One time | $0.00 | $0.00 |
| Cobond counsel | West & Associates LLP | One time | $56,250.00 | $0.75 |
| Co financial advisor | Estrada Hinojosa & Co Inc | One time | $69,350.00 | $0.92 |
| Financial advisor | RBC Capital Markets LLC | One time | $93,150.00 | $1.24 |
| Other costs | Not reported | One time | $5,000.00 | $0.07 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | One time | $1,250.00 | $0.02 |
| Printing | Ipreo LLC | One time | $3,000.00 | $0.04 |
| Rating agency | Fitch | One time | $35,000.00 | $0.47 |
| Rating agency | Moodys | One time | $36,000.00 | $0.48 |
| Rating agency | S&P | One time | $38,000.00 | $0.51 |
| Underwriter's spread: expenses | Not reported | One time | $6,971.00 | $0.09 |
| Underwriter's spread: takedown | Not reported | One time | $225,000.00 | $3.00 |
| Underwriter's counsel (paid by the underwriter) | Mahomes Bolden & Warren PC | One time | $10,000.00 | $0.13 |
| Underwriter's counsel (paid by the underwriter) | McCall Parkhurst & Horton LLP | One time | $23,500.00 | $0.31 |
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.