MICHIGAN
Pentwater Public Schools
Mar 10, 2025 $7,135,000
2025 School Building and Site Bonds (General Obligation - Unlimited Tax) (Michigan School Bond Qualification and Loan Program) (bank qualified).
Dated Apr 3, 2025.
Due May 1, 2027 to 2041.
Callable May 1, 2035 at par.
Winning bid: BOK Fin Secs, at 106.3624, TIC 3.5987%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Baker Tilly Municipal Advisors, LLC, East Lansing, MI.
Other bidders were:
StoneX Fin Inc., TIC 3.6004%
Baird, TIC 3.608%
KeyBanc Cap Mkts, TIC 3.6384%
Fifth Third Secs, TIC 3.6707%
TD Securities, TIC 3.7126%
Raymond James, TIC 3.7271%
Huntington Secs, TIC 3.8492%
OKLAHOMA
Tulsa County Independent School District No. 9 (Union)
Mar 10, 2025 $37,500,000
Combined Purpose General Obligation Bonds of 2025 (book entry).
Dated Apr 1, 2025.
Due Apr 1, 2027 to 2030.
Non-callable.
Winning bid: UBS Financial Svcs, at 101.9950, TIC 3.0893%.
L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.
F.A.: Municipal Finance Services, Inc., Edmond, OK.
Other bidders were:
Baird, TIC 3.0941%
BOK Fin Secs, TIC 3.0957%
Mesirow Financial, TIC 3.2236%
KeyBanc Cap Mkts, TIC 3.2317%
BNY Mellon Cap Mkts, TIC 3.2978%
Wells Fargo Corp, TIC 3.3067%
TEXAS
Orangefield Independent School District
Mar 10, 2025 $9,365,000
Unlimited Tax School Building Bonds, Series 2025 (The Permanent School Fund Guarantee Program) (bank qualified) (book entry).
Dated Apr 1, 2025.
Due Feb 15, 2028 to 2054.
Callable Feb 15, 2034 at par.
Winning bid: Baird, at 103.3729, TIC 4.1241%.
Other managers: CL King & Associates, Edward Jones, Colliers Securities LLC, Oppenheimer & Co., Inc., SouthState | DuncanWilliams Securities Corp., Northland Securities, Inc., Isaak Bond Investments, Inc., Country Club Bank, Carty, Harding, & Hearn, Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, The Baker Group, Middlegate Securities, Celadon Financial Group, LLC, FMSbonds, Inc., First Kentucky Securities Corp., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Crews & Associates, Inc..
L.O.: Hunton Andrews Kurth LLP, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
BOK Fin Secs, TIC 4.1432%
Raymond James, TIC 4.1662%
SAMCO Cap Mkts, TIC 4.198%
UMB Bank, TIC 4.2488%
Piper Sandler, TIC 4.2622%
Bancroft Capital, TIC 4.2904%
Hilltop Securities, TIC 4.3761%
WISCONSIN
Janesville (City)
Mar 10, 2025 $22,160,000
General Obligation Promissory Notes, Series 2025A (book entry).
Dated Apr 1, 2025.
Due Feb 1, 2026 to 2035.
Callable Feb 1, 2033 at par.
Winning bid: Piper Sandler, at 104.0605, TIC 3.1092%.
L.O.: Kutak Rock, Minneapolis, MN.
F.A.: Wisconsin Public Finance Professional, LLC, Brookfield, WI.
Other bidders were:
Baird, TIC 3.1865%
UBS Financial Svcs, TIC 3.1983%
Mesirow Financial, TIC 3.2232%
Jefferies, TIC 3.2679%
BOK Fin Secs, TIC 3.2944%
KeyBanc Cap Mkts, TIC 3.4135%
Hilltop Securities, TIC 3.4229%
TAXABLE ISSUES
OKLAHOMA
Cleveland County Independent School District No. 40 (Noble)
Mar 10, 2025 $3,065,000
Combined Purpose Bonds of 2025 (Federally Taxable) (book entry).
Dated May 1, 2025.
Due May 1, 2027.
Non-callable.
Winning bid: Baker Group, at n/a, NIC 4.2906%.
In association with: First State Bank of Noble.
L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
UMB Bank, NIC 4.4465%
BOK Fin Secs, NIC 4.498%
Legacy Bank, NIC 5.1%