Underwriter Services

The Vendor is required to provide underwriting team will be expected to work with district finance team on certain aspects of the financial structuring, credit structure and documentation development.
- Book running senior manager(s) will be expected to fulfill the following duties:
• Attend and participate in meetings/calls related to the financing.
• Assist in structuring the financing including bond security features and potential alternative structures.
• Ongoing information to district finance team regarding the activity and status of the financing.
• Assist in the preparation of presentations and documentation relating to the financing as appropriate.
• Structure, schedule, and lead the marketing of the bonds.
• Supervise the closing of the transaction(s) and the transfer of funds.
• Present a timely, post-sale analysis to record market conditions, investor allocation of bonds, orders and allocation of bonds among the underwriting team, rates received by comparable issues at the time of sale, and other necessary information as required by district.
• Direct underwriter’s counsel on matters in order to work with district, financial advisors, bond counsel, and others necessary to comply with state, federal, and local requirements, associated with various documents developed as part of any financing.
- Co-managing underwriter will be expected to fulfill the following duties:
• Assist the senior managing underwriter in providing the primary and secondary market support in the form of market orders based on the priority of orders for district debt transactions.
• Assist the senior managing underwriter in providing the analyses of market conditions and advise district with regard to market timing and development of a marketing plan for the bonds.
• Assist with the marketing, sale and distribution of district bonds.
• Attend any working group or other related meetings as requested.