INDIANA
Carmel Redevelopment Authority
Nov 21, 2024 $1,28,25,000
Ad Valorem Property Tax Lease Rental Refunding Bonds, Series 2024A (book entry).
Dated Dec 12, 2024.
Due Jul 15, 2025 to 2027.
Non-callable.
Winning bid: TD Securities, at 101.4939, NIC 3.1538%.
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
JPMorgan, NIC 3.2201%
Hilltop Securities, NIC 3.225%
Piper Sandler, NIC 3.2895%
KeyBanc Cap Mkts, NIC 3.304%
Baird, NIC 3.3554%
Crews & Associates, NIC 3.5383%
NEW JERSEY
Roseland Borough
Nov 20, 2024 $17,61,112
Bond Anticipation Note (bank qualified).
Dated Dec 5, 2024.
Due Sep 5, 2025.
Purchased $1,761,112.00 by Oppenheimer, at 4.0%, plus $2,466.00, effective rate 3.8133%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Piper Sandler, Effective Rate 4.2827%
TENNESSEE
Sevier County
Nov 21, 2024 $96,10,000
General Obligation Bonds, Series 2024 (bank qualified) (book entry).
Dated Dec 13, 2024.
Due Jun 1, 2027 to 2044.
Callable Jun 1, 2031 at par.
Winning bid: Raymond James, at 103.4489, TIC 3.7239%.
Other managers: Fidelity Capital Markets.
L.O.: Owings Wilson & Coleman, Knoxville, TN.
F.A.: Cumberland Securities, Division of Morgan Keegan & Co., Inc., Nashville, TN; and Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
Stifel Nicolaus, TIC 3.7376%
FHN Fin Cap Mkts, TIC 3.7533%
Piper Sandler, TIC 3.7781%
Hilltop Securities, TIC 3.7825%
TD Securities, TIC 3.8018%
KeyBanc Cap Mkts, TIC 3.8812%
TEXAS
Dallas (City)
Nov 21, 2024 $3,29,20,000
Equipment Acquisition Contractual Obligations, Series 2024A (book entry).
Dated Dec 19, 2024.
Due Aug 15, 2025 to 2029.
Non-callable.
Winning bid: JPMorgan, at 105.4660, TIC 2.8282%.
L.O.: Bracewell LLP, Dallas, TX; West & Associates, L.L.P., Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX; and Estrada Hinojosa & Company, Inc., Dallas, TX.
Other bidders were:
BofA Securities, TIC 2.8532%
Wells Fargo Corp, TIC 2.8834%
Jefferies, TIC 2.8915%
PNC Capital Markets, TIC 2.8971%
Truist Secs, Inc., TIC 2.9017%
BOK Fin Secs, TIC 2.946%
Morgan Stanley, TIC 2.994%
Dallas (City)
Nov 21, 2024 $32,11,80,000
General Obligation Refunding and Improvement Bonds, Series 2024C (book entry).
Dated Dec 19, 2024.
Due Feb 15, 2026 to 2044.
Callable Feb 15, 2034 at par.
Winning bid: JPMorgan, at 108.5619, TIC 3.5186%.
L.O.: Bracewell LLP, Dallas, TX; West & Associates, L.L.P., Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX; and Estrada Hinojosa & Company, Inc., Dallas, TX.
Other bidders were:
BofA Securities, TIC 3.5291%
Jefferies, TIC 3.5681%
Morgan Stanley, TIC 3.5826%
Wells Fargo Corp, TIC 3.586%
Truist Secs, Inc., TIC 3.645%
Montgomery County Municipal Utility District No. 170
Nov 21, 2024 $61,85,000
Contract Revenue Bonds (Road Facilities), Series 2024 (book entry).
Dated Dec 1, 2024.
Due Dec 1, 2026 to 2051.
Callable Dec 1, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.0057, NIC 4.6592%.
L.O.: The Muller Law Group, Sugar Land, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Hilltop Securities, NIC 4.7882%
GMS Group, NIC 4.8741%
Crews & Associates, NIC 4.9393%
TAXABLE ISSUES
NEW YORK
Ellenville Central School District
Nov 21, 2024 $9,87,500
Serial Bonds - 2024 (Federally Taxable).
Dated Dec 5, 2024.
Due Jun 15, 2025 to 2029.
Non-callable.
Winning bid: Bank of Greene Co, at n/a, NIC 4.9836%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: R.G. Timbs, Inc, New Hartford, NY.
OKLAHOMA
Grady County Independent School District No. 2 (Minco)
Nov 22, 2024 $15,00,000
Combined Purpose Bonds of 2025 (Federally Taxable) (book entry).
Dated Jan 1, 2025.
Due Jan 1, 2027 to 2028.
Non-callable.
Winning bid: Legacy Bank, at n/a, NIC 4.9%.
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
First National Bk, NIC 4.9367%
Exchange Bank, NIC 5.0396%
Country Club Bank, NIC 5.0792%