Randolph Texas

Lariat Phase 1

Transaction Details

Project Name
Lariat Phase 1
Developer
Randolph Texas
Bond Type
Capital Appreciation Bond
Reserve Fund
N/A
Yield
7.76%
Coupon Rate
7.5%
Total Par Amount
$35.5MM
Net Proceeds
$33.2MM
Maturity Date
9/1/2029
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Provident Communities
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  • Total Par Amount

    $54.65MM

  • Net Proceeds

    $52.5MM

City, Texas
Venus, TX
Bond Structure
Capital Appreciation Bond (CAB)
Impact Statement
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Starwood Land
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    $98.5 MM

  • Net Proceeds

    $95.0 MM

Impact Statement
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Maple Development
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  • Total Par Amount

    $40.9MM

  • Net Proceeds

    $37.5MM

Impact Statement