Sys First Tier Rev Ref Bonds Ser 2023A
$439,795,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- November 9, 2023
- Fiscal year issued
- 2024
- Par amount
- $439,795,000
- New money / refunding
- $0 / $439,795,000
- Pledge
- Revenue
- Purpose
- Refunding
- Sale
- Negotiated
- Final maturity
- July 1, 2042
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $439,795,000 | $62,178,875 | $501,973,875 |
| 2024 | $439,795,000 | $84,168,625 | $523,963,625 |
Costs of issuance
Download CSVOne-time costs reported: $3,412,209, or $7.76 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Accountant CPA | Crowe LLP | One time | $9,523.74 | $0.02 |
| Attorney General review | Not reported | One time | $9,500.00 | $0.02 |
| Co bond counsel | Locke Lord LLP | One time | $331,426.24 | $0.75 |
| Co bond counsel | McCall Parkhurst & Horton LLP | One time | Not reported | |
| Co disclosure counsel | Locke Lord LLP | One time | Not reported | |
| Co disclosure counsel | McCall Parkhurst & Horton LLP | One time | $339,675.70 | $0.77 |
| Co financial advisor | Estrada Hinojosa & Co Inc | One time | Not reported | |
| Co financial advisor | Hilltop Securities Inc | One time | $352,703.23 | $0.80 |
| Co financial advisor | RSI Group LLC | One time | Not reported | |
| Co underwriter counsel (paid by the underwriter) | West & Associates LLP | One time | Not reported | |
| Escrow verification | Public Finance Partners LLC | One time | $5,333.30 | $0.01 |
| Issuer counsel | Locke Lord LLP | One time | $60,951.95 | $0.14 |
| Other costs | Barclays Capital Inc | One time | $210,630.00 | $0.48 |
| Other costs | CDM Smith Inc | One time | $118,610.97 | $0.27 |
| Paying agent and registrar | US Bank | One time | $3,352.36 | $0.01 |
| Printing | Garza Business Services Inc | One time | $4,876.16 | $0.01 |
| Rating agency | Moodys | One time | $140,951.39 | $0.32 |
| Rating agency | S&P | One time | $114,723.00 | $0.26 |
| Remarketing agent | Globic Advisors | One time | $17,551.28 | $0.04 |
| Underwriter's spread: expenses | Not reported | One time | $73,687.66 | $0.17 |
| Underwriter's spread: takedown | Not reported | One time | $1,390,142.50 | $3.16 |
| Underwriter's counsel (paid by the underwriter) | Winstead PC | One time | $228,569.82 | $0.52 |
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.