• December 5, 2019

GOOD NEWS: TSUS issues $28.4 million in bond sale - Odessa American: Good News

e-Edition Subscribe

GOOD NEWS: TSUS issues $28.4 million in bond sale

Font Size:
Default font size
Larger font size

Posted: Tuesday, November 26, 2019 5:30 am

The Texas State University System has issued $325.5 million in bonds at an average rate of 2.65 percent to refinance existing debt at lower rates and acquire proceeds for the construction of new facilities at three TSUS member institutions.

The bond issue includes refinancing $211.9 million in existing debt, saving $28.4 million in debt payments. The remaining $113.6 million will be used to support construction projects at Sam Houston State University, Texas State University and Lamar State College Orange.

“This transaction will save our member institutions tens of millions of dollars over the next 20 years and fund the construction of new facilities that are needed to accommodate growth across our System,” said Chancellor Brian McCall.

Odessa, TX

Current Conditions

Humidity: 45%
Winds: WNW at 11mph
Feels Like: 57°

Your Extended Forecast


High 75°/Low 40°
Clear. Lows overnight in the low 40s.


High 61°/Low 36°
More sun than clouds. Highs in the low 60s and lows in the mid 30s.


High 66°/Low 44°
More sun than clouds. Highs in the mid 60s and lows in the mid 40s.
Online Features

Pet Central


Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>



Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>



Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>



Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>

  • ALL-ACCESS: Subscribe to our e-edition and premium website at myoaoa.com.
    You can read your daily newspaper without taking a walk to the driveway.
    Look back at yesterday's newspaper, or issues from months ago with our archive feature.
    Call circulation at 432-337-7314 to sign up today.