INVITATION TO TENDER OBLIGATIONS
made by
HOUSTON INDEPENDENT SCHOOL DISTRICT
to the Holders described in the Invitation
HOUSTON INDEPENDENT SCHOOL DISTRICT
LIMITED TAX SCHOOLHOUSE AND REFUNDING BONDS,
SERIES 2016A
HOUSTON INDEPENDENT SCHOOL DISTRICT
LIMITED TAX SCHOOLHOUSE AND REFUNDING BONDS,
SERIES 2017
HOUSTON INDEPENDENT SCHOOL DISTRICT
LIMITED TAX SCHOOLHOUSE BONDS,
SERIES 2018
HOUSTON INDEPENDENT SCHOOL DISTRICT
MAINTENANCE TAX NOTES,
SERIES 2018
Key Dates and Times
All of these dates and times are subject to change. All times are New York City time. Notices of changes will be sent in the manner provided for in this Invitation.
| Pricing Notice : | February 11, 2025 |
|---|---|
| Tender Expiration Date: | 5 p.m. on February 14, 2025 |
| Preliminary Notice of Acceptance: | February 18, 2025 |
| Determination of Purchase Price: | 10:00 a.m., on February 18, 2025 |
| Notice of Purchase Price: | February 18, 2025 |
| Final Acceptance Date: | February 19, 2025 |
| Settlement Date: | March 6, 2025 |
1)
Houston Independent School District (the “District”), and its agents DO NOT recommend to you whether or not to offer your bonds for purchase. You are responsible for your own decisions regarding this and should consult your own financial advisors about it.
2)
The only authorized information about the Invitation is the printed information prepared by the District and their agents.
3)
Information is posted on this website for the purpose of your convenience only. You may contact the Information Agent to receive personal copies of the Invitation. If there is a difference between the paper copies and the electronic versions of the documents, the paper copies from the Information Agent are correct.
INFORMATION FOR BONDHOLDERS
• Invitation to Tender Obligations, dated February 3, 2025
• Pricing Notice, dated February 11, 2025
• Notice of Purchase Price, dated February 18, 2025
• Notice of Preliminary Acceptance, dated February 18, 2025
• Notice of Final Acceptance, dated February 19, 2025
Target Bond BVAL Index Yield
The applicable BVAL Index for each CUSIP of the Tax-Exempt Bond will be the BVAL Index yield (the “BVAL Yield”) for the month and year corresponding to the maturity of each such Tax-Exempt Bond, as set forth in the Monthly Value Table for 10:00 a.m., New York City time, on February 18, 2025, as shown on the EMMA (“Electronic Municipal Market Access “) Website.
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Globic Advisors
477 Madison Avenue, 6th floor
New York NY, 10022
7777 Glades Road, Suite 100
Boca Raton FL, 33434
Telephone: (212)-227-9699