Bonds

Bond Offering

Revenue Financing System Bonds, 2026B

Revenue Financing System Bonds, 2026B

Subseries 2026B-1
Par Amount
$250,000,000
Tax Status
Tax-Exempt
Sale Date
03/11/2026
Sector
Higher Education
State
Texas
Bond Type
Variable Rate
Method of Sale
Negotiated
Closing Date
03/12/2026
Subseries 2026B-2
Par Amount
$250,000,000
Tax Status
Tax-Exempt
Sale Date
03/11/2026
Sector
Higher Education
State
Texas
Bond Type
Variable Rate
Method of Sale
Negotiated
Closing Date
03/12/2026

Additional Information

*Preliminary, subject to change

Bond Offering Ratings

Moody’s
Aaa/VMIG 1
Outlook
Stable
Date
Dec 2025
S&P
AAA/ A-1+
Outlook
Stable
Date
Dec 2025
Fitch
AAA/F1+
Outlook
Stable
Date
Dec 2025

Underwriter and Remarketing Agent for Subseries 2026B-1

BofA Securities, Inc.

Underwriter and Remarketing Agent for Subseries 2026B-2

Morgan Stanley