TEXAS

Harris-Montgomery Counties Municipal Utility District No. 386

Jan 23, 2025 $4,250,000

Enclave at the Woodlands Defined Area, Unlimited Tax Bonds, Series 2025 (book entry).

Dated Feb 1, 2025.

Due Sep 1, 2026 to 2050.

Callable Sep 1, 2031 at par.

Winning bid: SAMCO Cap Mkts, at 97.0037, NIC 4.4819%.

Other managers: FHN Financial Capital Markets, Intercoastal Capital Markets, Inc., M. E. Allison & Co., Inc., R. Seelaus & Co., Inc., Ramirez & Co., Inc., CINCaP Investment Group, Estrada Hinojosa & Company, Inc., Carty & Company, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.

L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.

F.A.: Masterson Advisors LLC, Houston, TX.

Other bidders were:

Baird, NIC 4.5095%

Hilltop Securities, NIC 4.5397%

Crews & Associates, NIC 4.5556%