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Texas Public Finance Authority Texas Windstorm Insurance Association

Texas Windstorm Insurance Association Premium Rev Taxable Bonds, Series 2014

Last reported in fiscal year 2021, with $177,000,000 of principal then outstanding.

Terms

Closing date
September 30, 2014
Fiscal year issued
2015
Par amount
$500,000,000
New money / refunding
$500,000,000 / $0
Pledge
Revenue
Purpose
Insurance
Program
Texas Windstorm Insurance Association
Sale
Negotiated
Final maturity
July 1, 2024

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPeriodPrincipalInterestTotal debt service
2022Period 1$177,000,000$22,671,000$199,671,000
2021Year end$177,000,000$29,972,250$206,972,250
2021Period 1$227,200,000$39,344,250$266,544,250
2020Year end$227,200,000$48,716,250$275,916,250
2020Period 1$318,600,000$69,877,500$388,477,500
2019Year end$318,600,000$83,019,750$401,619,750
2019Period 1$368,500,000$98,220,375$466,720,375
2018Year end$368,500,000$113,421,000$481,921,000
2018Period 1$414,600,000$130,523,250$545,123,250
2017Year end$414,600,000$147,625,500$562,225,500
2017Period 1$458,400,000$165,877,500$624,277,500
2016Year end$458,400,000$184,129,500$642,529,500
2016Period 1$500,000,000$203,473,500$703,473,500

State issues are reported twice each fiscal year. "Year end" is the balance at the end of the fiscal year (reporting period 2), which the totals on this site use; "Period 1" is the earlier report in the same year.

Costs of issuance

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One-time costs reported: $7,549,577, or $15.10 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$9,500.00$0.02
Bond counselWinstead PCOne time$409,291.00$0.82
Borrower counselFulbright & Jaworski LLPOne time$40,911.00$0.08
Co bond counselAndrews & Kurth LLPOne time$211,793.00$0.42
Disclosure counselMcCall Parkhurst & Horton LLPOne time$114,334.00$0.23
Financial advisorFirst Southwest Co LLCOne time$285,830.00$0.57
PrintingFinancial Printing Resources IncOne time$2,342.00$0.00
Underwriter's spread: expensesNot reportedOne time$498,076.00$1.00
StructuringNot reportedOne time$562,500.00$1.13
Underwriter's spread: takedownNot reportedOne time$5,000,000.00$10.00
Underwriter's counsel (paid by the underwriter)Bracewell LLPOne time$415,000.00$0.83

Source: State Issuance Fee By Year (updated by the publisher Aug 27, 2026); Debt Outstanding By Issuance State By Year (updated by the publisher Aug 26, 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.