Harlingen borrowing $11 million to help fund $258 million sewer project [Yahoo! Finance]
Hilltop Holdings Inc. (HTH)
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Source: Yahoo! Finance
Now, officials are requesting the Texas Water Development Board grant an $11 million low interest loan likely calling for a 30% WaterWorks match. So far, David Sanchez, WaterWorks' interim general manager, believes the agency's "green-lighted" to land the loan. At WaterWorks offices, officials are counting on the Water Development Board granting a 2.55% interest rate. Meanwhile, the Federal Reserve System is expected to slightly trim interest rates. While the state would fund 70% of the loan, WaterWorks' share would run about 30%. With WaterWorks' revenue set to pay more than $2oo million, officials are planning to request the Water Development Board grant further funding to help finance the $258 million project. Last year, officials launched the project, aiming to upgrade the sewer system to meet the city's increasing demand. Now, some pipes are overflowing. "We're in the planning stage," Sanchez said in an interview. "We've got engineering to do. We're just scratchi
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HTH
News
- HilltopSecurities Welcomes Ari Kavour as Head of Structured Finance and Structured Products GroupBusiness Wire
- Hilltop Holdings Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Hilltop declares $0.17 dividend [Seeking Alpha]Seeking Alpha
- Hilltop Holdings Stock Dips Despite Q3 Earnings Beat on High Fee Income [Yahoo! Finance]Yahoo! Finance
- Hilltop Holdings Inc. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
HTH
Earnings
- 10/24/24 - Beat
HTH
Sec Filings
- 11/8/24 - Form 4
- 11/7/24 - Form 144
- 10/25/24 - Form 10-Q
- HTH's page on the SEC website