City of Kansas City's January 2016 issuance of Sewer System Improvement and Refunding Revenue Bonds funded sewer system improvements, including part of their $4.5 billion consent decree-driven overflow program, and advanced and current refundings.
In November of 2015 Siebert Brandford Shank's successful underwriting performance allowed LAWA to increase the size of the AMT series by approximately $25 million. Additionally, the 2041 term bond of the 2015 Series D AMT Bonds were priced with a spread of 55 basis points—the lowest long-term AMT spread ever for an airport financing.
Siebert Brandford Shank's robust marketing campaign and sales efforts generated more than $900 million of investor orders and helped the County achieve over $20 million in savings without extending the life of the debt.
SBSCO served as senior manager for the City of New York’s $750.4 million General Obligation Bonds, Fiscal 2016 Series A and B, pricing and selling these bonds to retail and institutional investors.
This August 2015 transaction was the school district's largest non-rated deal and followed an in-depth pre-marketing process.
Siebert Brandford Shank served Broward County as senior manager for this transaction in June 2015. Rating agency upgrades, strong investor outreach, and sales force marketing, combined with flexibility and patience by County finance staff in approaching the pricing schedule, enabled the transaction to price in optimal market conditions, leading to attractive pricing levels and significant savings for its water and sewer system.
Siebert Brandford Shank priced this transaction as book-running senior manager on May 12, 2015, assisting the State with the execution of an aggressive pre-marketing campaign that included print, online and e-mail advertisements.