RISD to Select Underwriters for $75 Million Bond Sale
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Description
Richardson ISD authorized the selection of underwriters for upcoming bond sales totaling up to $75 million. Underwriters will be named and contracted with upon each bond issuance per board approval.
Contract Details
Contract Amount
Not to exceed $75,000,000 (aggregate principal), plus underwriter’s discount
Vendor
UNDERWRITERS
Agency
Richardson Isd, TX
Contract Type
FINANCIAL_SERVICES
Document Date
November 20, 2025
Contract Term
Up to 31 years (last maturity February 15, 2056); transaction-by-transaction
Renewal Info
Underwriter appointment is per-bond series, based on method of sale and market conditions. No formal renewal; new underwriters may be selected for each issuance.
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