GEORGIA
Lawrenceville Downtown Development Authority
Dec 11, 2024 $3,20,70,000
Revenue Bonds (The Lawrence Hotel Project), Series 2024A (book entry).
Dated Dec 19, 2024.
Due Dec 1, 2038 to 2049.
Callable Dec 1, 2029 at par.
Winning bid: Jefferies, at 100.3284, TIC 4.0996%.
L.O.: Butler Snow, LLP, Atlanta, GA.
F.A.: Davenport & Company LLC, Atlanta, GA.
Other bidders were:
Baird, TIC 4.1313%
RBC Capital Mkts, TIC 4.1892%
Wells Fargo Corp, TIC 4.2221%
KeyBanc Cap Mkts, TIC 4.2601%
Mesirow Financial, TIC 4.3371%
Morgan Stanley, TIC 4.3485%
ILLINOIS
Batavia Park District
Dec 12, 2024 $4,11,955
General Obligation Limited Tax Park Bonds, Series 2024C (bank qualified).
Dated Dec 30, 2024.
Due Nov 1, 2025.
Non-callable.
Winning bid: Time Bank, at n/a, NIC 3.59%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
First Secure Comm Bk, NIC 3.76%
BMO Harris Bank, NIC 3.89%
Peoples Natl Bk, NIC 3.97%
Batavia Park District
Dec 12, 2024 $4,11,960
General Obligation Limited Tax Park Bonds, Series 2024B (bank qualified).
Dated Dec 30, 2024.
Due Nov 1, 2025.
Non-callable.
Winning bid: Republic Bk- Chicago, at n/a, NIC 3.59%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
First Secure Comm Bk, NIC 3.76%
BMO Harris Bank, NIC 3.89%
Peoples Natl Bk, NIC 3.97%
Cary Community Consolidated School District No. 26
Dec 11, 2024 $1,39,55,000
General Obligation School Bonds, Series 2024 (book entry).
Dated Dec 30, 2024.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2034 at par.
Winning bid: Brownstone Inv Grp, at 106.9380, TIC 3.7385%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
FHN Fin Cap Mkts, TIC 3.7532%
Baird, TIC 3.7553%
Hilltop Securities, TIC 3.7645%
Mesirow Financial, TIC 3.8183%
KeyBanc Cap Mkts, TIC 3.8389%
Lake Land Community College District No. 517
Dec 11, 2024 $49,35,000
General Obligation Community College Bonds, Series 2025 (bank qualified) (book entry).
Dated Jan 9, 2025.
Due Dec 1, 2026.
Non-callable.
Winning bid: Mesirow Financial, at 103.6830, TIC 2.9723%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
KeyBanc Cap Mkts, TIC 3.1348%
Baird, TIC 3.2631%
MASSACHUSETTS
Framingham (City)
Dec 11, 2024 $5,91,60,000
General Obligation Municipal Purpose Loan of 2024 Bonds (book entry).
Dated Dec 18, 2024.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2033 at par.
Winning bid: JPMorgan, at 109.1036, TIC 3.0531%.
In association with: Academy Securities Inc..
In association with: Estrada Hinojosa & Company, Inc., Rice Financial Products Company, Stern Brothers & Co..
L.O.: Locke Lord LLP, Chicago, IL.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Mesirow Financial, TIC 3.0576%
Jefferies, TIC 3.0759%
Raymond James, TIC 3.0765%
KeyBanc Cap Mkts, TIC 3.0889%
Fifth Third Secs, TIC 3.0901%
BofA Securities, TIC 3.0924%
Janney Montgomery, TIC 3.0971%
Wells Fargo Corp, TIC 3.099%
UBS Financial Svcs, TIC 3.11%
Baird, TIC 3.1154%
BNY Mellon Cap Mkts, TIC 3.1337%
TD Securities, TIC 3.1658%
Massachusetts
Dec 12, 2024 $21,00,00,000
General Obligation Bonds Consolidated Loan of 2024, Series G (book entry).
Dated Dec 19, 2024.
Due Dec 1, 2028 to 2035.
Callable Dec 1, 2034 at par.
Winning bid: BofA Securities, at 115.5914, TIC 2.7835%.
L.O.: Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., Boston, MA.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Wells Fargo Corp, TIC 2.793%
Raymond James, TIC 2.825%
JPMorgan, TIC 2.8424%
Jefferies, TIC 2.8603%
RBC Capital Mkts, TIC 2.8802%
Morgan Stanley, TIC 2.896%
Barclays Capital, TIC 2.9326%
Goldman Sachs, TIC 2.9466%
Massachusetts
Dec 12, 2024 $27,50,00,000
General Obligation Bonds Consolidated Loan of 2024, Series I (book entry).
Dated Dec 19, 2024.
Due Dec 1, 2046 to 2054.
Callable Dec 1, 2034 at par.
Winning bid: Wells Fargo Corp, at 109.6486, TIC 4.381%.
L.O.: Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., Boston, MA.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Raymond James, TIC 4.4072%
BofA Securities, TIC 4.4299%
RBC Capital Mkts, TIC 4.4306%
Morgan Stanley, TIC 4.4414%
JPMorgan, TIC 4.4431%
Jefferies, TIC 4.4479%
Goldman Sachs, TIC 4.4502%
Barclays Capital, TIC 4.4579%
Massachusetts
Dec 12, 2024 $31,50,00,000
General Obligation Bonds Consolidated Loan of 2024, Series H (book entry).
Dated Dec 19, 2024.
Due Dec 1, 2036 to 2045.
Callable Dec 1, 2034 at par.
Winning bid: BofA Securities, at 114.5078, TIC 3.7992%.
L.O.: Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., Boston, MA.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Wells Fargo Corp, TIC 3.809%
JPMorgan, TIC 3.8165%
Morgan Stanley, TIC 3.8313%
Raymond James, TIC 3.8337%
Jefferies, TIC 3.8559%
Barclays Capital, TIC 3.8842%
Goldman Sachs, TIC 3.8887%
RBC Capital Mkts, TIC 3.8901%
MICHIGAN
Ingham County Building Authority
Dec 11, 2024 $2,19,55,000
Building Authority Bonds (Community Mental Health Building), Series 2024 (Limited Tax General Obligation) (book entry).
Dated Dec 30, 2024.
Due Aug 1, 2025 to 2049.
Callable Aug 1, 2034 at par.
Winning bid: KeyBanc Cap Mkts, at 110.0892, TIC 4.0373%.
L.O.: Dickinson Wright PLLC, Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Baird, TIC 4.0795%
PNC Capital Markets, TIC 4.2112%
MINNESOTA
Iron Range Resources and Rehabilitation Department
Dec 11, 2024 $4,34,35,000
Revenue Bonds, Series 2024A (book entry).
Dated Dec 31, 2024.
Due Oct 1, 2028 to 2044.
Callable Oct 1, 2034 at par.
Winning bid: Wells Fargo Corp, at 112.6683, TIC 3.722%.
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: PFM Financial Advisors LLC, Minneapolis, MN.
Other bidders were:
Mesirow Financial, TIC 3.75%
Baird, TIC 3.8197%
MISSOURI
Kearney Fire and Rescue Protection District
Dec 12, 2024 $1,20,00,000
General Obligation Bonds, Series 2025 (book entry).
Dated Jan 9, 2025.
Due Mar 1, 2027 to 2044.
Callable Mar 1, 2034 at par.
Winning bid: Baird, at 109.0587, TIC 3.9307%.
Other managers: Edward Jones, CL King & Associates, Crews & Associates, Inc., Davenport & Company LLC, Colliers Securities LLC, Stifel, Nicolaus & Co., Inc., Northland Securities, Inc., SouthState | DuncanWilliams Securities Corp., Oppenheimer & Co., Inc., Country Club Bank, Central States Capital Markets, LLC, Cadz Securities Inc,, Commerce Bank, Carty & Company, Inc., A.G.P./Alliance Global Partners, Celadon Financial Group, LLC, Bank of New York Mellon Capital Markets, LLC, Valdes & Moreno, Inc., Midland Securities Ltd, Bernardi Securities, Inc., FMSbonds, Inc., First Kentucky Securities Corp., Isaak Bond Investments, Inc., D.A. Davidson & Co., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc..
L.O.: Gilmore & Bell, Kansas City, MO.
F.A.: Piper Sandler & Co, Leawood, KS.
Other bidders were:
BOK Fin Secs, TIC 4.0438%
NEVADA
Reno (City)
Dec 11, 2024 $2,18,95,000
General Obligation (Limited Tax) Capital Improvement Refunding Bonds (Additionally Secured by Pledged Revenues), Series 2024 (book entry).
Dated Dec 19, 2024.
Due Jun 1, 2025 to 2032.
Non-callable.
Winning bid: Janney Montgomery, at 109.1738, TIC 2.8174%.
L.O.: Sherman & Howard L.L.C., Reno, NV.
F.A.: Zions Public Finance, Las Vegas, NV.
Other bidders were:
Stifel Nicolaus, TIC 2.8378%
Mesirow Financial, TIC 2.8508%
Piper Sandler, TIC 2.863%
TD Securities, TIC 2.8633%
Baird, TIC 2.8868%
Hilltop Securities, TIC 2.889%
Jefferies, TIC 2.9071%
StoneX Fin Inc., TIC 2.9102%
KeyBanc Cap Mkts, TIC 2.912%
Morgan Stanley, TIC 2.919%
FHN Fin Cap Mkts, TIC 2.9888%
NEW JERSEY
Chester Borough
Dec 12, 2024 $10,68,250
Bond Anticipation Notes (bank qualified).
Dated Dec 24, 2024.
Due Oct 10, 2025.
Purchased $1,068,250.00 by Piper Sandler, at 4.5%, plus $1,420.77, effective rate 4.33%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Maywood Borough
Dec 12, 2024 $49,00,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Dec 23, 2024.
Due Dec 15, 2025.
Purchased $4,900,000.00 by Janney Montgomery, at 4.0%, plus $9,947.00, effective rate 3.7924%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.9792%
JPMorgan Chase, Effective Rate 4.19%
Princeton
Dec 12, 2024 $91,00,000
Bond Anticipation Note, Series 2024 (book entry).
Dated Dec 23, 2024.
Due Dec 22, 2025.
Purchased $9,100,000.00 by Oppenheimer, at 3.5%, plus $48,139.00, effective rate 2.9695%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 2.9966%
Jefferies, Effective Rate 3.0845%
TD Securities, Effective Rate 3.0985%
Fidelity Capital, Effective Rate 3.1316%
NEW YORK
Suffolk County
Dec 12, 2024 $4,63,90,000
Refunding Serial Bonds - 2025 Series A (book entry).
Dated Jan 2, 2025.
Due May 1, 2025 to 2028.
Non-callable.
Winning bid: BofA Securities, at 103.5068, TIC 2.5769%.
L.O.: Harris Beach PLLC, Hempstead, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
RBC Capital Mkts, TIC 2.5797%
Jefferies, TIC 2.6721%
Mesirow Financial, TIC 2.6733%
UBS Financial Svcs, TIC 2.6792%
BNY Mellon Cap Mkts, TIC 2.7025%
JPMorgan, TIC 2.7057%
Janney Montgomery, TIC 2.7293%
TD Securities, TIC 2.7441%
FHN Fin Cap Mkts, TIC 2.7451%
Roosevelt & Cross, TIC 2.79%
Morgan Stanley, TIC 2.7938%
Piper Sandler, TIC 2.7965%
Baird, TIC 2.8136%
Wells Fargo Corp, TIC 2.8999%
Suffolk County
Dec 12, 2024 $35,00,00,000
Tax Anticipation Notes for 2025 Taxes (book entry).
Dated Dec 20, 2024.
Due Jul 25, 2025.
Purchased $55,000,000.00 by JPMorgan, at 4.0%, plus $318,450.00, effective rate 3.0305%.
Purchased $5,000,000.00 by Academy Secs, at 4.0%, plus $34,700.00, effective rate 2.838%.
Purchased $25,000,000.00 by Academy Secs, at 4.0%, plus $166,250.00, effective rate 2.8865%.
Purchased $50,000,000.00 by TD Securities, at 4.0%, plus $319,000.00, effective rate 2.9317%.
Purchased $10,000,000.00 by Piper Sandler, at 4.0%, plus $58,000.00, effective rate 3.0288%.
Purchased $30,000,000.00 by Janney Montgomery, at 4.0%, plus $180,300.00, effective rate 2.9937%.
Purchased $50,000,000.00 by TD Securities, at 4.0%, plus $328,000.00, effective rate 2.9016%.
Purchased $100,000,000.00 by Barclays Capital, at 4.0%, plus $668,000.00, effective rate 2.8815%.
Purchased $25,000,000.00 by Jefferies, at 4.0%, plus $145,250.00, effective rate 3.0272%.
L.O.: Harris Beach PLLC, Hempstead, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
JPMorgan, Effective Rate 3.0305%
JPMorgan, Effective Rate 3.0456%
Wells Fargo Corp, Effective Rate 3.0607%
BofA Securities, Effective Rate 3.0607%
Jefferies, Effective Rate 3.069%
Piper Sandler, Effective Rate 3.0791%
Jefferies, Effective Rate 3.1276%
Jefferies, Effective Rate 3.1611%
Jefferies, Effective Rate 3.1946%
Jefferies, Effective Rate 3.2365%
TEXAS
Arcola Municipal Management District No.1
Dec 11, 2024 $82,60,000
Unlimited Tax and Tax Increment Contract Revenue Road Bonds, Series 2025 (book entry).
Dated Jan 1, 2025.
Due Nov 1, 2027 to 2050.
Callable Nov 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0011, NIC 4.3206%.
Other managers: FHN Financial Capital Markets, Intercoastal Capital Markets, Inc., M. E. Allison & Co., Inc., R. Seelaus & Co., Inc., Ramirez & Co., Inc., CINCaP Investment Group, Estrada Hinojosa & Company, Inc., Carty & Company, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.
L.O.: The Muller Law Group, Sugar Land, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Northland Securities, NIC 4.385%
Hilltop Securities, NIC 4.4537%
Jefferies, NIC 4.6397%
Clear Lake City Water Authority
Dec 12, 2024 $3,67,30,000
Waterworks and Sewer System Combination Unlimited Tax and Revenue Bonds, Series 2025 (book entry).
Dated Jan 1, 2025.
Due Mar 1, 2026 to 2050.
Callable Mar 1, 2031 at par.
Winning bid: Northland Securities, at 97.0000, NIC 3.9925%.
Other managers: Celadon Financial Group, LLC, Edward Jones, CL King & Associates.
L.O.: Sanford Kuhl Hagen Kugle Parker Kahn LLP, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Mesirow Financial, NIC 3.9992%
Raymond James, NIC 4.0114%
Hilltop Securities, NIC 4.0726%
SAMCO Cap Mkts, NIC 4.1157%
Wells Fargo Corp, NIC 4.1645%
Comal County
Dec 12, 2024 $49,85,000
Combination Tax and Revenue Certificates of Obligation, Series 2024 (bank qualified) (book entry).
Dated Dec 15, 2024.
Due Sep 1, 2026 to 2054.
Callable Sep 1, 2034 at par.
Winning bid: Baird, at 102.2000, NIC 4.1122%.
Other managers: CL King & Associates, Edward Jones, Oppenheimer & Co., Inc., SouthState | DuncanWilliams Securities Corp., Northland Securities, Inc., Isaak Bond Investments, Inc., Country Club Bank, Carty & Company, Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, Celadon Financial Group, LLC, Bernardi Securities, Inc., FMSbonds, Inc., First Kentucky Securities Corp., Midland Securities Ltd, First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, Wintrust Bank, StoneX Financial Inc., Caldwell Sutter Capital, Inc..
L.O.: Norton Rose Fulbright US LLP, Austin, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, San Antonio, TX.
Other bidders were:
Bancroft Capital, NIC 4.3042%
BOK Fin Secs, NIC 4.3195%
Raymond James, NIC 4.3253%
Hilltop Securities, NIC 4.3982%
Walden Pond Fresh Water Supply District
Dec 12, 2024 $51,00,000
Unlimited Tax Road Bonds, Series 2025 (book entry).
Dated Jan 1, 2025.
Due Sep 1, 2027 to 2050.
Callable Sep 1, 2030 at par.
Winning bid: Baird, at 97.0000, NIC 4.345%.
Other managers: CL King & Associates, Northland Securities, Inc., Wintrust Bank, Oppenheimer & Co., Inc., Midland Securities Ltd, Celadon Financial Group, LLC, First Southern LLC, Multi-Bank Securities Inc., Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, A.G.P./Alliance Global Partners, Caldwell Sutter Capital, Inc..
L.O.: Winstead PC, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.3522%
RBC Capital Mkts, NIC 4.4228%
FMSbonds, NIC 4.4523%
Williamson County Municipal Utility District No. 22
Dec 12, 2024 $24,70,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Jan 9, 2025.
Due Sep 1, 2025 to 2049.
Callable Sep 1, 2031 at par.
Winning bid: Baird, at 97.0000, NIC 4.3938%.
Other managers: CL King & Associates, Midland Securities Ltd, Bernardi Securities, Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Northland Securities, Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, Caldwell Sutter Capital, Inc..
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Public Finance Group LLC, Austin, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.4168%
SWBC Investment Svcs, NIC 4.4274%
Fidelity Capital, NIC 4.4529%
Raymond James, NIC 4.4901%
Crews & Associates, NIC 4.5221%
VIRGINIA
Danville (City)
Dec 11, 2024 $1,47,25,000
General Obligation Public Improvement Bonds, Series 2024B (Virginia State Aid Intercept Program) (book entry).
Dated Dec 19, 2024.
Due Sep 1, 2025 to 2044.
Callable Sep 1, 2034 at par.
Winning bid: FHN Fin Cap Mkts, at 110.4047, TIC 3.4647%.
L.O.: Hunton Andrews Kurth LLP, Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
BNY Mellon Cap Mkts, TIC 3.4697%
Fidelity Capital, TIC 3.4761%
Mesirow Financial, TIC 3.4761%
StoneX Fin Inc., TIC 3.4918%
Piper Sandler, TIC 3.4936%
Hilltop Securities, TIC 3.4945%
UBS Financial Svcs, TIC 3.5061%
KeyBanc Cap Mkts, TIC 3.5086%
Wells Fargo Corp, TIC 3.5139%
Baird, TIC 3.5469%
TD Securities, TIC 3.548%
TAXABLE ISSUES
WISCONSIN
Reedsburg (City)
Dec 12, 2024 $2,85,00,000
Taxable Sanitary Sewerage System Revenue Bond Anticipation Notes, Series 2024B (book entry).
Dated Dec 30, 2024.
Due May 1, 2026.
Callable Jul 1, 2025 at par.
Winning bid: Wells Fargo Corp, at 99.3670, TIC 4.7488%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Wisconsin Public Finance Professional, LLC, Brookfield, WI.
Other bidders were:
Baird, TIC 4.8785%
Oppenheimer, TIC 5.0032%