CALIFORNIA
Palos Verdes Peninsula Unified School District
Feb 20, 2025 $75,000,000
General Obligation Bonds, Election of 2024, Series 2025 (book entry).
Dated Mar 6, 2025.
Due Aug 1, 2026 to 2045.
Callable Aug 1, 2034 at par.
Winning bid: Mesirow Financial, at 106.2485, TIC 3.4898%.
L.O.: Orrick, Herrington & Sutcliffe, Irvine, CA.
F.A.: Isom Advisors Inc., Walnut Creek, CA.
Other bidders were:
BofA Securities, TIC 3.4899%
TD Securities, TIC 3.4991%
UBS Financial Svcs, TIC 3.501%
RBC Capital Mkts, TIC 3.5053%
Fidelity Capital, TIC 3.5063%
Jefferies, TIC 3.5099%
Huntington Secs, TIC 3.5107%
Janney Montgomery, TIC 3.5126%
Baird, TIC 3.5155%
JPMorgan, TIC 3.5203%
Wells Fargo Corp, TIC 3.532%
Hilltop Securities, TIC 3.5331%
Morgan Stanley, TIC 3.545%
Fifth Third Secs, TIC 3.5496%
MASSACHUSETTS
Blackstone-Millville Regional School District
Feb 18, 2025 $500,000
Bond Anticipation Notes (bank qualified).
Dated Mar 4, 2025.
Due Mar 4, 2026.
Purchased $500,000.00 by Piper Sandler, at 4.25%, plus $1,065.00, effective rate 4.03%.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
M & T Bank, Effective Rate 4.14%
Oppenheimer, Effective Rate 4.193%
UniBank Fiscal Adv, Effective Rate 4.5%
NEW YORK
Town of Alma
Feb 20, 2025 $291,650
Public Improvement Serial Bonds, 2025 (bank qualified).
Dated Mar 6, 2025.
Due Mar 1, 2026 to 2030.
Non-callable.
Winning bid: Bank of Greene Co, at n/a, NIC 4.15%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, NIC 4.4088%
PENNSYLVANIA
Lower Providence Township
Feb 20, 2025 $10,985,000
General Obligation Bonds, Series of 2025 (book entry).
Dated Mar 19, 2025.
Due Dec 1, 2026 to 2055.
Callable Dec 1, 2032 at par.
Winning bid: Janney Montgomery, at n/a, TIC 4.2092%.
L.O.: Obermayer, Rebmann, Maxwell & Hippel, LLP, Philadelphia, PA.
F.A.: Concord Public Financial Advisors, Inc., Lancaster, PA.
Other bidders were:
Baird, TIC 4.2155%
BNY Mellon Cap Mkts, TIC 4.235%
Piper Sandler, TIC 4.2718%
UBS Financial Svcs, TIC 4.3148%
TEXAS
Lake Municipal Utility District
Feb 20, 2025 $6,850,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Mar 1, 2025.
Due Sep 1, 2046 to 2054.
Callable Sep 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0004, NIC 4.4623%.
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, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.
L.O.: Coats Rose, P.C, Houston, TX; and State Attorney General.
F.A.: Rathmann & Associates, L.P., Houston, TX.
Other bidders were:
Baird, NIC 4.4831%
Raymond James, NIC 4.5371%
Hilltop Securities, NIC 4.5414%