MASSACHUSETTS
Brewster (Town)
Jul 17, 2025 $5,700,000
General Obligation Municipal Purpose Loan of 2025 Bonds (bank qualified) (book entry).
Dated Aug 1, 2025.
Due Aug 1, 2026 to 2040.
Callable Aug 1, 2033 at par.
Winning bid: Brownstone Inv Grp, at 107.1450, TIC 3.3325%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Roosevelt & Cross, TIC 3.4167%
Loop Capital, TIC 3.4254%
Bancroft Capital, TIC 3.4275%
Fidelity Capital, TIC 3.4947%
TD Securities, TIC 3.5144%
Baird, TIC 3.5238%
NEW YORK
New York State Thruway Authority
Jul 17, 2025 $398,475,000
State Personal Income Tax Revenue Bonds, Series 2025A (Bidding Group 4 Bonds) (book entry).
Dated Jul 24, 2025.
Due Mar 15, 2050 to 2053.
Callable Sep 15, 2035 at par.
Winning bid: RBC Capital Mkts, at 98.5843, TIC 5.0978%.
L.O.: Nixon Peabody LLP, New York, NY; and Bryant Rabbino LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; Acacia Financial Group, Inc., Marlton, NJ; and Acacia Financial Group, Inc., New York, NY.
Other bidders were:
Morgan Stanley, TIC 5.1105%
JPMorgan, TIC 5.1141%
BofA Securities, TIC 5.1157%
Barclays Capital, TIC 5.1184%
Truist Secs, Inc., TIC 5.1192%
Wells Fargo Corp, TIC 5.12%
Jefferies, TIC 5.1386%
Goldman Sachs, TIC 5.1867%
New York State Thruway Authority
Jul 17, 2025 $416,605,000
State Personal Income Tax Revenue Bonds, Series 2025B (Bidding Group 2 Bonds) (Climate Bond Certified) (book entry).
Dated Jul 24, 2025.
Due Mar 15, 2057 to 2059.
Callable Sep 15, 2035 at par.
Winning bid: Jefferies, at 98.1784, TIC 5.1543%.
L.O.: Nixon Peabody LLP, New York, NY; and Bryant Rabbino LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; Acacia Financial Group, Inc., Marlton, NJ; and Acacia Financial Group, Inc., New York, NY.
Other bidders were:
Morgan Stanley, TIC 5.1704%
Wells Fargo Corp, TIC 5.178%
Truist Secs, Inc., TIC 5.183%
JPMorgan, TIC 5.1844%
Goldman Sachs, TIC 5.1902%
BofA Securities, TIC 5.2113%
New York State Thruway Authority
Jul 17, 2025 $446,725,000
State Personal Income Tax Revenue Bonds, Series 2025A (Bidding Group 2 Bonds) (book entry).
Dated Jul 24, 2025.
Due Mar 15, 2039 to 2045.
Callable Sep 15, 2035 at par.
Winning bid: JPMorgan, at 103.1219, TIC 4.7271%.
In association with: Academy Securities Inc..
In association with: Estrada Hinojosa & Company, Inc., Rice Financial Products Company, Stern Brothers & Co., Oppenheimer & Co., Inc..
L.O.: Nixon Peabody LLP, New York, NY; and Bryant Rabbino LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; Acacia Financial Group, Inc., Marlton, NJ; and Acacia Financial Group, Inc., New York, NY.
Other bidders were:
BofA Securities, TIC 4.7307%
Truist Secs, Inc., TIC 4.734%
Barclays Capital, TIC 4.7428%
Morgan Stanley, TIC 4.7477%
RBC Capital Mkts, TIC 4.7483%
Wells Fargo Corp, TIC 4.758%
Goldman Sachs, TIC 4.7622%
Jefferies, TIC 4.7809%
New York State Thruway Authority
Jul 17, 2025 $486,305,000
State Personal Income Tax Revenue Bonds, Series 2025A Bidding Group 1 Bonds (book entry).
Dated Jul 24, 2025.
Due Mar 15, 2027 to 2038.
Callable Sep 15, 2035 at par.
Winning bid: JPMorgan, at 109.8498, TIC 3.4971%.
L.O.: Nixon Peabody LLP, New York, NY; and Bryant Rabbino LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; Acacia Financial Group, Inc., Marlton, NJ; and Acacia Financial Group, Inc., New York, NY.
Other bidders were:
BofA Securities, TIC 3.5444%
Morgan Stanley, TIC 3.5481%
Jefferies, TIC 3.5613%
Barclays Capital, TIC 3.5672%
Goldman Sachs, TIC 3.5777%
RBC Capital Mkts, TIC 3.6044%
Truist Secs, Inc., TIC 3.6197%
Wells Fargo Corp, TIC 3.6251%
OKLAHOMA
Lincoln County Independent School District No. 103 (Prague)
Jul 18, 2025 $740,000
Building Bonds of 2025 (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Sep 1, 2027.
Non-callable.
Winning bid: Country Club Bank, at n/a, NIC 3.9%.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
BOK Fin Secs, NIC 3.935%
Exchange Bank, NIC 4.1%
TAXABLE ISSUES
IOWA
Kirkwood Community College (Merged Area X)
Jul 17, 2025 $2,160,000
Taxable Industrial New Jobs Training Certificates, Series 2025-1A (book entry).
Dated Aug 5, 2025.
Due Jun 1, 2026 to 2035.
Callable Jun 1, 2033 at par.
Winning bid: Colliers Secs, LLC, at 100.0000, TIC 4.7002%.
L.O.: Shuttleworth & Ingersoll, P.L.C, Cedar Rapids, IA.
F.A.: Piper Sandler & Co, Des Moines, IA.
Other bidders were:
Northland Securities, TIC 4.7315%
Baird, TIC 4.7638%
SWBC Investment Svcs, TIC 4.7655%
UMB Bank, TIC 4.8098%
Hilltop Securities, TIC 4.9349%
Bernardi Securities, TIC 5.0387%