Helping clients finance America’s infrastructure for 32 years.
Since 1992, Estrada Hinojosa has been providing clients with creative finance solutions to make their goals into realities.
Estrada Hinojosa is a leader in providing
municipal advisory and bond underwriting services
Totaling $35.9 billion
Across the Nation
Since inception
Our Company
Effective August 2, 2024, Texas State Bankshares, Inc., the registered bank holding company for Texas Regional Bank (collectively, “TRB”). completed its acquisition of Estrada Hinojosa & Company, Inc. Going forward the firm will operate under TRB Capital Markets, LLC, a wholly owned subsidiary of Texas Regional Bank, using the assumed name of “Estrada Hinojosa.” TRB’s acquisition of the firm will add over 50 individuals to the TRB team with offices in Dallas, Houston, San Antonio, Austin, Edinburg, Miami, Chicago, Denver, and New York City. Noe Hinojosa Jr., former founder and CEO of Estrada Hinojosa & Company, Inc. will serve as President-Municipal Capital Markets Division of TRB Capital Markets and a member of the Texas Regional Bank Board of Directors. Mr. Hinojosa shared a statement about the significance of the acquisition, “This partnership will enhance our capacity and competitive position in the state of Texas and beyond. It will help continue transforming the many clients and communities we serve.”
Estrada Hinojosa is an industry leader in public finance offering municipal advisory services, bond underwriting, and bond trading. Since its inception in 1992, the firm has completed over 2,600 municipal advisory transactions with a total par value exceeding $207 billion and more than 4,900 underwriting transactions with a total par value of over $486 billion. Our expertise has supported numerous issuers in the development of essential infrastructure, including airports, city halls, colleges, county courthouses, marine ports, schools, tool roads, universities, and water systems, among other projects.
For information on Texas Regional Bank, please visit their website. Texas Regional Bank – Banking, Mortgage, Wealth Management (trb.bank)
Recent Municipal Advisory Success Stories
Houston Independent
School District
Limited Tax Refunding Bonds,
Series 2023A (PSF)
Variable Rate Limited Tax Refunding Bonds, Series 2023C (PSF)
State of Connecticut
Special Tax Obligation Bonds Transportation Infrastructure Purposes, 2023 Series A
Special Tax Obligation Refunding Bonds Transportation Infrastructure Purposes, 2023 Series B
Dallas Independent School District
Unlimited Tax School Building and Refunding Bonds,
Series 2023
Louisiana Local Government Environmental Facilities and Community Development Authority
System Restoration Bonds
(Louisiana Utilities Restoration Corporation Project/ELL),
Series 2023
(Federally Taxable)
Texas Natural Gas Securitization Finance Corporation
Customer Rate Relief Bonds
(Winter Storm Uri),
Taxable Series 2023
Recent Underwriting Engagements
Judson Independent School District
Unlimited Tax School Building Bonds, Series 2024 (PSF)
Dormitory Authority of the
State of New York
State Personal Income Tax Revenue Bonds (General Purpose),
Series 2023A (Tax-Exempt)
State Personal Income Tax Revenue Bonds (General Purpose),
Series 2023B (Federally Taxable)
City of Beaumont, Texas
Waterworks and Sewer System Revenue Bonds, Series 2023
SENIOR UNDERWRITER
Board of Education of the
City of Chicago, Illinois
Dedicated
Capital Improvement Tax Bonds,
Series 2023
UNDERWRITER
Massachusetts Bay
Transportation Authority
Senior Sales Tax Bonds,
2023 Series A Subseries A-1
Senior Sales Tax Bonds,
2023 Series A Subseries A-2 (Sustainability Bonds)
Diversity
As a firm committed to promoting diversity, we actively foster an inclusive workforce. Our current team at Estrada Hinojosa reflects this commitment, with a diverse composition that includes 60% Hispanic representation, 10% African American employees and 30% non-Hispanic Caucasian employees. Additionally, women comprise 43% of our staff, and we have several military veterans among our team.
We also champion diversity in the marketplace by working with a variety of minority-owned bond and underwriters’ counsel, as well other minority underwriters. Our procurement practices consistently include ingoing contracts with businesses owned by Hispanic, African American, veteran, and women entrepreneurs.
In the Community
Our success is deeply rooted in this great country we call home. Inspired by our political subdivision clients, we are committed to giving back to our community and our industry, strengthening our nation through gratitude and active contribution.
The Firm is honored to recognize the dedication and service of our veterans and their families. The military has instilled in them essential business skills such as determination, resilience, integrity, and teamwork, which are crucial for success in public finance. Approximately 8% of our team at Estrada Hinojosa consists of former military personnel from various branches, including the Army and Navy.
We regularly support local charities such as The Boys and Girls Club of America, Boy Scouts of America, the Dallas Foundation, Mi Escuelita Preschool- Dallas, U.S. Food Banks, and others. Furthermore, our staff actively participates in industry boards including the Municipal Advisory Council of Texas (MAC), Municipal Securities Rulemaking Board (MSRB), Securities Industry and Financial Markets Association (SIFMA), Securities Investor Protection Corporation (SPIC), Bond Dealers of America (BDA), FGFOA School of Government Finance. Women in Public Finance (including Florida and Texas Chapters), and the Federal Reserve Bank of Dallas.
Recognition
We are proud to have been a part of numerous Bond Buyer Deal of the Year awards
2013
DFW Airport
2016
2016
2018
City and County of Denver
Texas Water Development Board SWIRFT
2019
2020
DFW Airport
City Buckeye Tobacco Settlement Financing Authority
Leadership
A Message from the President
When you choose Estrada Hinojosa, you get the advantage of a seasoned team of experts. Many of our professionals have sat on “both sides of the table,” with extensive past experience in city management and school district administration.
We invite you to review our professional profiles. As individuals, and as a team, we are dedicated to providing you guidance and support when serving as municipal advisor or selling your bonds when serving as underwriter. In either case, you can count on us.
