TERMS* [ Print Page ]    
  Issuer City of Houston
  State Texas
  Amount1 $230,000,000
  Type Issue/Series   Tax and Revenue Anticipation Notes,
  Series 2020
  • Moody's: MIG 1
  • Fitch: F1+
  •   Bank Qualified No
      Good Faith Due day prior to sale by 1pm ET:
  • 1% of notes bid for, and
  • Exec. Bid Form (Attach. A-1 in NOS)
    See NOS for details.

  •   Sale Date 7/08/20
      Dated Date 7/21/20
      Settlement Date2   7/21/20
      Sale Time 9:30 AM - 10:08 AM Eastern Time

      Interest Due 6/30/21
      Maturity Date 6/30/21
      Days to Maturity   344
      Day Basis Actual/365
      Call Dates Non-Callable
      Min. Bid Price   $10,000,000
      Min. Bid Increment   $5,000,000
      Premium Bids   Allowed
      Discount Bids   Not Allowed
      Bid Details Multiple: Either 1/8th or 1/20th or 1/100th of 1%

      Bid Format Partial
      Auction Format  Open
      Award Basis TIC Annual Compounding
      Two-Minute Rule   Yes
      Bond Counsel Co-Bond Counsel and Special Co-Disclosure Counsel:
    Holland & Knight LLP
    Houston, TX

    Law Offices of Francisco G. Medina
    Houston, TX
      Web Site www.MuniAuction.com
      Contact Co-Financial Advisors:
    Masterson Advisors LLC
    Houston, TX
    Attn: Tina Peterman
    Phone: 713-814-0564
    Email: Tina.Peterman@MastersonAdvisors.com

    The RSI Group LLC
    Houston, TX
    Terms as of 7/30/2021 @ 6:34 am
    1Preliminary, subject to change
    2Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
    * Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

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