ALABAMA
Huntsville (City)
Dec 5, 2024 $7,58,40,000
General Obligation Warrants Series 2024-A (book entry).
Dated Dec 19, 2024.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2034 at par.
Winning bid: BofA Securities, at 114.0052, TIC 3.5119%.
L.O.: Bradley Arant Boult Cummings LLC, Birmingham, AL.
F.A.: PFM Financial Advisors LLC, Huntsville, AL; and PFM Financial Advisors LLC, Atlanta, GA.
Other bidders were:
Jefferies, TIC 3.5236%
Hilltop Securities, TIC 3.5291%
Fifth Third Secs, TIC 3.5305%
BNY Mellon Cap Mkts, TIC 3.5332%
JPMorgan, TIC 3.5397%
Baird, TIC 3.5412%
Wells Fargo Corp, TIC 3.5422%
Truist Secs, Inc., TIC 3.5462%
TD Securities, TIC 3.5478%
KeyBanc Cap Mkts, TIC 3.5587%
UBS Financial Svcs, TIC 3.5592%
Raymond James, TIC 3.5592%
Mesirow Financial, TIC 3.5598%
PNC Capital Markets, TIC 3.5627%
GEORGIA
City of Valdosta
Dec 5, 2024 $6,93,30,000
Water and Sewer Revenue Bonds, Series 2024 (book entry).
Dated Dec 19, 2024.
Due Oct 1, 2028 to 2054.
Callable Oct 1, 2034 at par.
Winning bid: Mesirow Financial, at 104.4707, TIC 3.903%.
L.O.: Gray Pannell & Woodward LLP, Savannah, GA.
F.A.: Davenport & Company LLC, Atlanta, GA.
Other bidders were:
Truist Secs, Inc., TIC 3.91%
Hilltop Securities, TIC 3.9112%
Baird, TIC 3.9268%
KeyBanc Cap Mkts, TIC 3.956%
Janney Montgomery, TIC 3.9759%
Wells Fargo Corp, TIC 3.977%
RBC Capital Mkts, TIC 4.0142%
Morgan Stanley, TIC 4.0144%
BofA Securities, TIC 4.0145%
Jefferies, TIC 4.0157%
JPMorgan, TIC 4.0514%
INDIANA
Auburn (City)
Dec 5, 2024 $63,75,000
Waterworks Revenue Bonds, Series 2024 (bank qualified) (book entry).
Dated Dec 19, 2024.
Due Jul 1, 2026 to Jan 1, 2046.
Callable Jan 1, 2035 at par.
Winning bid: Bernardi Securities, at 101.0778, NIC 3.9171%.
L.O.: Frost Brown Todd LLC, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
Baird, NIC 3.9245%
BOK Fin Secs, NIC 3.9838%
Porter County
Dec 5, 2024 $2,27,25,000
General Obligation Bonds, Series 2024 (book entry).
Dated Dec 19, 2024.
Due Jul 1, 2025 to Jan 1, 2044.
Callable Jul 1, 2034 at par.
Winning bid: Hilltop Securities, at 109.9986, TIC 3.5676%.
L.O.: Taft, Stettinius & Hollister LLP, Chicago, IL.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
BOK Fin Secs, TIC 3.5959%
Janney Montgomery, TIC 3.6036%
KeyBanc Cap Mkts, TIC 3.6563%
Baird, TIC 3.6564%
TD Securities, TIC 3.6812%
Raymond James, TIC 3.7505%
Princeton (City)
Dec 5, 2024 $21,00,000
Waterworks Bond Anticipation Notes, Series 2024 (bank qualified) (book entry).
Dated Dec 19, 2024.
Due Dec 19, 2026.
Callable Dec 19, 2025 at par.
Winning bid: First Natl Bank, at n/a, NIC 4.7%.
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Princeton (City)
Dec 5, 2024 $21,00,000
Sewage Works Bond Anticipation Notes, Series 2024 (bank qualified) (book entry).
Dated Dec 19, 2024.
Due Dec 19, 2026.
Callable Dec 19, 2025 at par.
Winning bid: First Internet Pub, at n/a, NIC 4.25%.
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
KENTUCKY
Western Kentucky University
Dec 5, 2024 $62,45,000
General Receipts Refunding Bonds, 2024 Series B (Kentucky State Intercept Program) (book entry).
Dated Dec 19, 2024.
Due Sep 1, 2029 to 2031.
Non-callable.
Winning bid: Northland Securities, at 110.1054, TIC 3.0625%.
Other managers: Celadon Financial Group, LLC, Edward Jones.
L.O.: Dinsmore Shohl LLP, Lousville, KY.
F.A.: Baird, Louisville, KY.
Other bidders were:
Wells Fargo Corp, TIC 3.07%
JPMorgan, TIC 3.0754%
BOK Fin Secs, TIC 3.1119%
Western Kentucky University
Dec 5, 2024 $3,11,15,000
General Receipts Bonds, 2024 Series A (Kentucky State Intercept Program) (book entry).
Dated Dec 19, 2024.
Due Sep 1, 2025 to 2044.
Callable Sep 1, 2033 at par.
Winning bid: BNY Mellon Cap Mkts, at 107.8965, TIC 3.7099%.
L.O.: Dinsmore Shohl LLP, Lousville, KY.
F.A.: Baird, Louisville, KY.
Other bidders were:
Jefferies, TIC 3.7431%
StoneX Fin Inc., TIC 3.7512%
Northland Securities, TIC 3.7543%
KeyBanc Cap Mkts, TIC 3.7577%
Truist Secs, Inc., TIC 3.7662%
Wells Fargo Corp, TIC 3.7888%
Raymond James, TIC 3.8427%
JPMorgan, TIC 3.8926%
MARYLAND
Ocean City Mayor and City Council
Dec 5, 2024 $48,15,000
General Obligation Municipal Purpose Bonds of 2024 (bank qualified) (book entry).
Dated Dec 12, 2024.
Due Jan 15, 2026 to 2045.
Callable Jan 15, 2035 at par.
Winning bid: Brownstone Inv Grp, at 108.8920, TIC 3.4384%.
L.O.: McGuireWoods LLP, Baltimore, MD.
F.A.: First Tryon Advisors, LLC, Annapolis, MD.
Other bidders were:
BNY Mellon Cap Mkts, TIC 3.457%
Fidelity Capital, TIC 3.4743%
Hilltop Securities, TIC 3.488%
Baird, TIC 3.5177%
Bancroft Capital, TIC 3.5621%
Raymond James, TIC 3.5758%
MASSACHUSETTS
Bedford (Town)
Dec 5, 2024 $2,56,15,000
General Obligation Municipal Purpose Loan of 2024 Bonds (book entry).
Dated Dec 19, 2024.
Due Oct 1, 2025 to 2044.
Callable Oct 1, 2033 at par.
Winning bid: Bancroft Capital, at 108.9553, TIC 3.0694%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
UBS Financial Svcs, TIC 3.0732%
TD Securities, TIC 3.0767%
Raymond James, TIC 3.0828%
Huntington Secs, TIC 3.0988%
FHN Fin Cap Mkts, TIC 3.1005%
JPMorgan, TIC 3.1021%
Janney Montgomery, TIC 3.1046%
UMB Bank, TIC 3.1221%
Baird, TIC 3.1223%
Mesirow Financial, TIC 3.1293%
KeyBanc Cap Mkts, TIC 3.1771%
NEW YORK
Chemung County
Dec 5, 2024 $68,00,000
General Obligations Public Improvement (Serial) Bonds, 2024 (bank qualified).
Dated Dec 19, 2024.
Due Dec 15, 2025 to 2036.
Callable Dec 15, 2032 at par.
Winning bid: Brownstone Inv Grp, at n/a, NIC 3.0207%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Mellon Financial, NIC 3.0219%
Roosevelt & Cross, NIC 3.0606%
Piper Sandler, NIC 3.0745%
Baird, NIC 3.0987%
TD Securities, NIC 3.2156%
SAMCO Cap Mkts, NIC 3.2714%
TEXAS
Montgomery County Municipal Utility District No. 158
Dec 6, 2024 $37,00,000
Unlimited Tax Road Bonds, Series 2024 (bank qualified) (book entry).
Dated Dec 1, 2024.
Due Sep 1, 2026 to 2051.
Callable Sep 1, 2031 at par.
Winning bid: GMS Group, at 97.0000, NIC 4.5951%.
L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.6783%
Hilltop Securities, NIC 4.7139%
RBC Capital Mkts, NIC 4.7682%
Crews & Associates, NIC 4.8021%
TAXABLE ISSUES
OKLAHOMA
Carter County Independent School District No. 27 (Plainview)
Dec 6, 2024 $33,60,000
Combined Purpose Bonds of 2025 (Federally Taxable) (book entry).
Dated Jan 1, 2025.
Due Jan 1, 2027 to 2028.
Non-callable.
Winning bid: BOK Fin Secs, at n/a, NIC 4.5702%.
In association with: American Nation Bank.
In association with: Citizens Bank & Trust Company.
L.O.: Floyd & Driver, PLLC, Norman, OK; and State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Baker Group, NIC 4.6325%
UMB Bank, NIC 4.6562%
Country Club Bank, NIC 4.7444%