Bond Holder Information

UNT System IRMA Representation Letter July 2022

The UNT System raises capital for strategic infrastructure expansions through the Revenue Financing System (RFS), a cost-effective debt program secured by a system-wide pledge of all legally available revenues for debt issued on behalf of all component institutions of the System.

The RFS is governed by a Master Resolution and supplementing resolutions authorized periodically by the Board. The Master Resolution provides that the obligation of the Board to pay or cause to be paid the amounts payable under the Master Resolution and any Supplement thereto is absolute, irrevocable, complete and unconditional, and the amount, manner and time of payment shall not be modified in any way regardless of any contingency.

The notes and supporting schedules to the Annual Combined Financial Reports provide more information on prior year’s pledged revenues.

Links to Governance on the RFS debt program are as follows:

Visit the Strategic Infrastructure site for more information on Current Project details, CIP

Treasury reports internally managed and foundation managed Cash & Investments valuations quarterly to the board, leadership, and various external agencies. Refer to the most recent continuing disclosure report for pledge revenues and the quarterly investment reports in the Reports section below

Bond Official Statements

Every bond series outstanding

CP Programs

For more information on CP Program offerings, please visit the CP Program webpage.

Reports

Credit Ratings

Moody's Investor Services Fitch
Aa2 Outlook Stable AA Outlook Stable
A-1 Comercial Paper P-1 Commercial Paper
Most current ratings report
https://www.moodys.com/research/Moodys-assigns-Aa2-to-University-of-North-Texas-System-TXs--PR_907573017
Most current ratings report
https://www.fitchratings.com/research/us-public-finance/university-of-north-texas-system-board-of-regents-16-03-2022

 

External Links: