Harris County Department of Education Launches New Investor Transparency Initiative

(Houston, TX – June 23, 2022) — Harris County Department of Education today announced a new investor outreach initiative aimed at attracting more investors to their municipal bond offerings. The Department launched a new, open-access investor relations website which provides a single location for investors to access the data and documents that outline the credit features of the school district’s financing programs.

The new IR website is free to all investors at www.hcdebonds.com. It’s powered by BondLink, a financial technology company that has set the standard for investor transparency across the $4 trillion municipal bond market. BondLink has also partnered with the City of Fort Worth and other Texas issuers including: the City of Dallas, the City of Arlington, the Texas Water Development Board and the Texas Department of Housing and Community Affairs.

“Harris County Department of Education has always emphasized the importance of transparency especially in relation to our bond sales,” said Dr. Jesus Amezcua, Chief Financial Officer/Assistant Superintendent. “Our new investor relations website will help ensure this transparency by providing an easily navigable platform with all pertinent information surrounding our issuances. We are very excited for the launch of this new site and think it will prove to be a great resource in showcasing to our investors the strength of our bond program.”

“We’re excited to partner with Harris County Department of Education,” said Colin MacNaught, Co-Founder & CEO of BondLink. “Given how difficult the municipal bond market has become since the start of 2021, issuers who are being proactive about their investor transparency will stand out to bond investors. There are long-term benefits to being more accessible, more transparent to the bond market, and we’re confident that Harris County will experience those.”

Academic research shows that better, more accessible disclosure can lead to lower bond yields for municipal issuers and lower trading costs for investors. Enhanced issuer transparency has also been a continued point of emphasis from market regulators.

The Department is currently planning its next issuance which is expected to come to market in late Fall 2022. Information regarding the sale will be accessible on its new investor relations site. To remain on top of all debt-related events, documents, and news, including announcements about when we will be selling bonds, we encourage you to sign up for notifications.

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About Harris County Department of Education

Harris County Department of Education is a unique, educational entity that serves school districts, government agencies, nonprofits, and the public in the third-largest county in the U.S. Annually, HCDE serves a quarter-million students and educators through schools for students with profound special needs; the oldest adult education program in Texas; Head Start early childhood education; school-based therapy services; and afterschool programs. HCDE also offers educators professional development and certification, school safety training, records management, and a purchasing cooperative. #SeeTheImpact at www.hcde-texas.org.

About BondLink

Led by founders Colin MacNaught, CEO, and Carl Query, CTO, BondLink’s cloud-based debt management platform is the $4 trillion municipal bond market’s first fully-integrated operating system for public sector CFOs to raise capital from institutional and retail investors. Since the launch of its first debt management platform approximately five and a half years ago, BondLink has expanded its network across more than 30 states, as well as the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Headquartered in Boston, BondLink is backed by top investors, including Franklin Templeton Investments, one of the largest municipal bond fund managers in the country.

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Media Contact for Harris County Department of Education
Danielle Clark
Chief Communications Officer
dclark@hcde-texas.org
713-696-8200