RFS Bonds Series 2024B
$535,535,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- October 17, 2024
- Fiscal year issued
- 2025
- Par amount
- $535,535,000
- New money / refunding
- $113,035,000 / $422,500,000
- Pledge
- Revenue
- Purpose
- School facilities and equipment
- Program
- College and University Bonds
- Sale
- Negotiated
- Final maturity
- August 15, 2054
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $535,535,000 | $395,553,250 | $931,088,250 |
| 2025 | Period 1 | $535,535,000 | $416,642,338 | $952,177,338 |
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: $2,011,057, or $3.76 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 | $0.02 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $213,291.95 | $0.40 |
| Co underwriter counsel (paid by the underwriter) | Kassahn & Ortiz PC | One time | $12,500.00 | $0.02 |
| Disclosure counsel | McCall Parkhurst & Horton LLP | One time | $35,000.00 | $0.07 |
| Escrow agent | US Bank | One time | $500.00 | $0.00 |
| Escrow verification | Causey Demgen & Moore PC | One time | $2,250.00 | $0.00 |
| Paying agent and registrar | US Bank | One time | $4,000.00 | $0.01 |
| Printing | McElwee & Quinn LLC | One time | $240.00 | $0.00 |
| Rating agency | Moodys | One time | $96,250.00 | $0.18 |
| Rating agency | S&P | One time | $97,750.00 | $0.18 |
| Underwriter's spread: takedown | Not reported | One time | $1,498,775.20 | $2.80 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $41,000.00 | $0.08 |
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.