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NTTA board approves Series 2025 refunding plan expected to save about $41 million
5777082 · September 10, 2025
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Summary
The board approved preliminary bond documents and the preliminary official statement for a proposed Series 2025 refunding package that staff expects will be about $637 million and deliver roughly $41 million in additional savings; pricing is scheduled for Oct. 6 and close Nov. 4.
The North Texas Tollway Authority board on Sept. 10 approved staff's request to proceed with documents for a Series 2025 bond refunding the authority intends to price on Oct. 6 and close Nov. 4.
Horatio Porter, NTTA chief financial officer, told directors the…
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