Texas Transportation Commission Private Activity Bond Surface Transportation Corporation
Sr Lien Ref Bonds (NTE Mobility Partners) Series 2019A (Non-AMT PAB) & 2019B Taxable
$1,202,875,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- December 17, 2019
- Fiscal year issued
- 2020
- Par amount
- $1,202,875,000
- New money / refunding
- $0 / $1,202,875,000
- Pledge
- Revenue
- Purpose
- Refunding
- Program
- Texas PAB Surface Transportation Corp
- Sale
- Negotiated
- Final maturity
- December 31, 2049
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $1,202,875,000 | $845,262,461 | $2,048,137,461 |
| 2025 | Period 1 | $1,202,875,000 | $870,025,463 | $2,072,900,463 |
| 2024 | Year end | $1,202,875,000 | $894,788,465 | $2,097,663,465 |
| 2024 | Period 1 | $1,202,875,000 | $919,551,467 | $2,122,426,467 |
| 2023 | Year end | $1,202,875,000 | $944,314,469 | $2,147,189,469 |
| 2023 | Period 1 | $1,202,875,000 | $969,077,470 | $2,171,952,470 |
| 2022 | Year end | $1,202,875,000 | $993,840,472 | $2,196,715,472 |
| 2022 | Period 1 | $1,202,875,000 | $1,018,603,474 | $2,221,478,474 |
| 2021 | Year end | $1,202,875,000 | $1,043,366,476 | $2,246,241,476 |
| 2021 | Period 1 | $1,202,875,000 | $1,068,129,478 | $2,271,004,478 |
| 2020 | Year end | $1,202,875,000 | $1,092,892,480 | $2,295,767,480 |
| 2020 | Period 1 | $871,085,000 | $876,372,980 | $1,747,457,980 |
| 2020 | Period 1 | $331,790,000 | $243,208,513 | $574,998,513 |
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: $9,436,030, or $7.84 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $19,000.00 | $0.02 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $712,292.00 | $0.59 |
| Co financial advisor | Estrada Hinojosa & Co Inc | One time | $51,612.00 | $0.04 |
| Co financial advisor | KPMG LLP | One time | $257,078.00 | $0.21 |
| Co financial advisor | Sperry Capital | One time | Not reported | |
| Escrow agent | Citigroup Global Markets Inc | One time | Not reported | |
| Escrow verification | Bingham Arbitrage Rebate Services Inc | One time | $1,500.00 | $0.00 |
| Paying agent and registrar | Citigroup Global Markets Inc | One time | Not reported | |
| Printing | ImageMaster LLC | One time | $6,269.00 | $0.01 |
| Rating agency | Fitch | One time | $766,294.00 | $0.64 |
| Rating agency | Moodys | One time | $801,653.00 | $0.67 |
| Underwriter's spread: expenses | Not reported | One time | $475,957.00 | $0.40 |
| Underwriter's spread: takedown | Not reported | One time | $6,014,375.00 | $5.00 |
| Trustee | Citibank NA | One time | Not reported | |
| Trustee counsel | Holland & Knight LLP | One time | $15,000.00 | $0.01 |
| Underwriter's counsel (paid by the underwriter) | McGuire Woods LLP | One time | $315,000.00 | $0.26 |
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.