Case Study: North Texas Municipal Water District, Revenue Refunding Bonds
$94.7 million water systems revenue refunding bonds effective July 2020
The North Texas Municipal Water District needed a solution to refund a portion of its outstanding debt. HilltopSecurities partnered with the District to structure a $94.7 million revenue refunding issuance which was successfully launched on July 21, 2020. By doing so, the District saved over $27 million in future debt service costs.