Texas Bond Transaction Report: March 1, 2011-August 31, 2011 Page: 14
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The Texas A&M University System
Board of Regents of The Texas A&M University System, Revenue Financing System Bonds, Series 2011 A and 2011 B
Purpose The proceeds from the sale of the Series 2011A bonds will be used for the purposes of refunding certain outstanding long-term
panty obligations and paying the costs of issuance.
The proceeds from the sale of the Series 2011B bonds will be used for purposes of refunding a portion of the Board's commercial
paper notes, providing construction funds for projects within the A&M System, and paying the costs of issuance.Par
oard Approval
ale Date
Delivery Date
method of Sale$127,700,000
September 10, 2010
February 15, 2011
Apnl 10, 2011
CompetitiveTrue Interest Cost
Net Interest CostSeries A Series B
2.54% 4.59%
2.63% 4.71%Issuance Costs Firm HUB Amount ($) Per $1,000
ond Counsel McCall Parkhurst & Horton L.L.P. 76,424 0.60
o-Bond Counsel
Financial Advisor First Southwest Company 64,050 0.50
o-Financial Advisor
hinting i-Deal 3,680 0.03
saying Agent\Registrar Regions Bank 4,10( 0.03
Escrow Agent Regions Bank 250 0.00
scrow Verification
stet
Trustee Counsel
sclosure Counsel McCall Parkhurst & Horton L.L.P. 30,000 0.23
ivate Activity Fee
ttorncy General 19,000 0.15
sucr's Fees
FRA Notice
uidity Provider
Liquidity Provider's Counsel
scellaneous 967 0.01
Rating Agency Rating
Moody's Rating Aaa 58,055 0.45
P Rating AA+ 38,500 0.30
ch Rating AA+ 15,000 0.12
Subtotal $310,026 $2.43
her Costs
TOTAL $310,026 $2.43
Underwriting Spread Amount ($) Per $1,000
nagement Fee
ndervriting Risk
Takedown 528,921 $4.14
ucturing Fee
cad Expenses 38,373 $0.30
Total Gross Spread* $567,294 $4.44
* cs the total gross spread include the undeivriter's counsel fee? No
Firm HUB ($) Amount Per $1,000
Underwriter's Counsel
IUndervriter's CounselState of Texas Bond Transactions (March 2011 - August 2011)
Issue
Page 14
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Texas Bond Review Board. Texas Bond Transaction Report: March 1, 2011-August 31, 2011, report, November 2011; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth578859/m1/17/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.