Texas Transportation Commission Grand Parkway Transportation Corporation
Subordinate Tier Toll Rev Ref Bonds, Series 2016 (TELA Supported)
Last reported in fiscal year 2022, with $83,775,000 of principal then outstanding.
Terms
- Closing date
- December 7, 2016
- Fiscal year issued
- 2017
- Par amount
- $83,775,000
- New money / refunding
- $0 / $83,775,000
- Pledge
- Revenue
- Purpose
- Transportation
- Program
- Grand Parkway Transportation Corp
- Sale
- Private placement
- Final maturity
- October 2, 2023
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2023 | Period 1 | $83,775,000 | $1,848,170 | $85,623,170 |
| 2022 | Year end | $83,775,000 | $2,769,695 | $86,544,695 |
| 2022 | Period 1 | $83,775,000 | $3,691,220 | $87,466,220 |
| 2021 | Year end | $83,775,000 | $4,612,745 | $88,387,745 |
| 2021 | Period 1 | $83,775,000 | $5,534,270 | $89,309,270 |
| 2020 | Year end | $83,775,000 | $6,455,795 | $90,230,795 |
| 2020 | Period 1 | $83,775,000 | $7,377,320 | $91,152,320 |
| 2019 | Year end | $83,775,000 | $8,298,845 | $92,073,845 |
| 2019 | Period 1 | $83,775,000 | $9,220,370 | $92,995,370 |
| 2018 | Year end | $83,775,000 | $10,141,895 | $93,916,895 |
| 2018 | Period 1 | $83,775,000 | $11,063,420 | $94,838,420 |
| 2017 | Year end | $83,775,000 | $11,984,945 | $95,759,945 |
| 2017 | Period 1 | $83,775,000 | $12,568,577 | $96,343,577 |
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: $260,001, or $3.10 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 | $0.11 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $123,785.00 | $1.48 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $35,038.00 | $0.42 |
| Other costs | Not reported | One time | $13,178.00 | $0.16 |
| Underwriter's spread: expenses | Not reported | One time | $35,000.00 | $0.42 |
| Trustee | US Bank | One time | $3,500.00 | $0.04 |
| Trustee counsel | Locke Lord LLP | One time | $5,000.00 | $0.06 |
| Underwriter's counsel (paid by the underwriter) | Chapman & Cutler LLP | One time | $35,000.00 | $0.42 |
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.