MINNESOTA
Andover (City)
Dec 17, 2024 $85,95,000
General Obligation Bonds, Series 2024A (bank qualified) (book entry).
Dated Dec 30, 2024.
Due Feb 1, 2026 to 2035.
Callable Feb 1, 2033 at par.
Winning bid: Stifel Nicolaus, at 107.6366, TIC 3.0684%.
Other managers: BOK Financial Securities.
L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Piper Sandler, TIC 3.074%
Baird, TIC 3.1146%
UBS Financial Svcs, TIC 3.1166%
TD Securities, TIC 3.1635%
KeyBanc Cap Mkts, TIC 3.1824%
Northland Securities, TIC 3.2326%
NEW JERSEY
Franklin Township Board of Education (Hunterdon County)
Dec 18, 2024 $28,23,000
School Bonds, Series 2024 (New Jersey School Bond Reserve Act, 1980 N.J. Laws c.72, as amended) (bank qualified) (book entry).
Dated Dec 30, 2024.
Due Aug 15, 2025 to 2044.
Callable Aug 15, 2032 at par.
Winning bid: Roosevelt & Cross, at 100.0000, NIC 3.7325%.
Other managers: Stifel, Nicolaus & Co., Inc., Intercoastal Capital Markets, Inc., R. Seelaus & Co., Inc., Edward Jones, CINCaP Investment Group.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Baird, NIC 3.8883%
Fidelity Capital, NIC 3.9376%
Ramsey Borough
Dec 18, 2024 $65,95,000
General Obligation Bond Anticipation Notes Consisting of $5,840,000 General Bond Anticipation Notes $755,000 Water Sewer Utility Bond Anticipation Notes.
Dated Jan 3, 2025.
Due Feb 28, 2025.
Purchased $6,595,000.00 by Piper Sandler, at 4.75%, plus $2,176.35, effective rate 4.534%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 4.6056%
Janney Montgomery, Effective Rate 4.6531%