RFS Ref & Impr Bonds Ser 2025A
$304,335,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- March 13, 2025
- Fiscal year issued
- 2025
- Par amount
- $304,335,000
- New money / refunding
- $149,625,000 / $154,710,000
- Pledge
- Revenue
- Purpose
- School facilities and equipment
- Program
- College and University Bonds
- Sale
- Negotiated
- Final maturity
- February 15, 2055
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $2,050,000 | $155,250 | $2,205,250 |
| 2025 | Year end | $302,285,000 | $221,789,975 | $524,074,975 |
| 2025 | Period 1 | $304,335,000 | $228,108,139 | $532,443,139 |
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
Download CSVOne-time costs reported: $1,964,437, or $6.45 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 | $0.03 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $956.26 | $0.00 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $128,073.06 | $0.42 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $66,839.00 | $0.22 |
| Escrow agent | BOKF NA | One time | $500.00 | $0.00 |
| Escrow verification | Causey Demgen & Moore PC | One time | $2,228.00 | $0.01 |
| Financial advisor | Hilltop Securities Inc | One time | $7,606.00 | $0.03 |
| Financial advisor | Hilltop Securities Inc | One time | $223.00 | $0.00 |
| Financial advisor | Hilltop Securities Inc | One time | $269,167.50 | $0.88 |
| Issuer fee | Texas Tech University System | One time | $3,881.15 | $0.01 |
| Paying agent and registrar | BOKF NA | One time | $3,600.00 | $0.01 |
| Printing | ImageMaster LLC | One time | $1,869.00 | $0.01 |
| Rating agency | Fitch | One time | $92,683.00 | $0.30 |
| Rating agency | Kroll | One time | $44,559.00 | $0.15 |
| Rating agency | Moodys | One time | $112,958.00 | $0.37 |
| Redemption fee | BOKF NA | One time | $500.00 | $0.00 |
| Redemption fee | BOKF NA | One time | $300.00 | $0.00 |
| Underwriter's spread: takedown | Not reported | One time | $1,218,994.41 | $4.01 |
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.