Refunding of 2015-2019 bonds
New Braunfels Independent School DistrictTexas- Detected
- Oct 19, 2026
- 10 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
The district authorized refunding of previously issued unlimited tax bonds from 2015A, 2016, 2017, and 2019 series to restructure debt service and reduce annual payments. The order says the refunding will be sold through a negotiated transaction and handled with an escrow agreement, paying agent/registrar agreement, and purchase contract. That creates near-term work for bond counsel, escrow, and municipal finance providers already in the process.
The refunding pieces are still being finalized through the authorized officials.
- Meeting date
- October 19, 2026
- Agency
- New Braunfels Independent School District
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