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INVITATION TO TENDER BONDS

made by

TEXAS TRANSPORTATION COMMISSION

to the Holders described in the Invitation




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.

Tender Expiration Date: 5:00 p.m., on Tuesday, April 21, 2026
Withdrawal Date: 5:00 p.m., on Tuesday, April 21, 2026
Preliminary Notice of Acceptance: Wednesday, April 22, 2026
Determination of Target Bonds Purchase Prices: 10:00 a.m., on Thursday, April 23, 2026
Final Notice of Purchase Prices and Acceptance: Thursday, April 23, 2026
Settlement Date: Thursday, May 7, 2026




1) The Texas Transportation Commission (the "Commission"), 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 Commission 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 Bonds, dated April 14, 2026


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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