Bond Underwriting Services

The vendor is required to provide alternative procurement (“AP”) to select qualified firms to provide underwriting and investment banking services.
- Certain services provided below will only be expected of the senior manager of any given transaction, with the selected co-managers (if applicable) focused on the distribution and sale of the bonds.
- Requirements:
• Provide market updates to assist in long and near-term financial planning.
• Respond to requests for information on potential financing needs and present ideas that the university may consider for contemplated financings, refunding’s, and ongoing debt financial planning.
• Participate with university, bond counsel, and financial advisor, as a member of the working group in the structuring and implementation of a plan of finance that meets university objectives
• Attend any working group or other related meetings (if requested).
• Participate in the development of rating agency strategies, presentations, and investor roadshow presentations (if requested)
• Review and comment on all bond documents including, but not limited to, the preliminary and final official statement, university disclosure, bond purchase agreement, tax certificate, resolutions, indenture, and other relevant financing documents.
• Perform due diligence in conjunction with each financing.
• Provide recommendations on the timing of sale, amortization structure, final maturity, call provisions, and coupon selection, among others.
• Develop and coordinate pre-marketing efforts for the bond issuance, including obtaining price views (if applicable).
• Market and price the bonds with quality execution, including the ability and willingness to underwrite a reasonable portion of unsold bonds (if necessary).
• Draft the closing memorandum and assist the working group in a timely closing.
• Provide a final sales and distribution analysis to the university
- Contract Period/Term: 2 years