MAINE

Gorham (Town)

Dec 11, 2025 $6,969,575

2025 General Obligation Bonds (bank qualified) (book entry).

Dated Dec 29, 2025.

Due Feb 1, 2027 to 2046.

Callable Feb 1, 2036 at par.

Winning bid: Piper Sandler, at 102.9880, TIC 3.5162%.

L.O.: Tibbetts Law, Scarborough, ME.

F.A.: Northeast Municipal Advisors LLC, Portland, ME.

Other bidders were:

Baird, TIC 3.5171%

Hilltop Securities, TIC 3.5287%

TD Financial, TIC 3.5821%

Roosevelt & Cross, TIC 3.6009%

Brownstone Inv Grp, TIC 3.6454%

Baker Group, TIC 3.6594%

KeyBanc Cap Mkts, TIC 3.674%

NEW JERSEY

East Orange (City)

Dec 11, 2025 $4,368,650

Bond Anticipation Notes, Series 2025 (bank qualified) (book entry).

Dated Dec 23, 2025.

Due Sep 23, 2026.

Purchased $4,368,650.00 by BNY Mellon Cap Mkts, at 3.5%, plus $4,570.48, effective rate 3.3605%.

L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.

F.A.: NW Financial Group, Bloomfield, NJ.

Other bidders were:

Amboy Bank, Effective Rate 3.75%

Oppenheimer, Effective Rate 4.162%

TAXABLE ISSUES

NEW JERSEY

Jersey City (City)

Dec 11, 2025 $36,500,000

General Obligation Notes, Series 2025 (Federally Taxable) Consisting of $14,000,000 Special Emergency Notes, Series 2025E and $22,500,000 Emergency Notes, Series 2025F (book entry).

Dated Dec 24, 2025.

Due Dec 23, 2026.

Purchased $36,500,000.00 by Piper Sandler, at 4.0%, plus $36,500.00, effective rate 3.8997%.

L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.

F.A.: NW Financial Group, Bloomfield, NJ.

Other bidders were:

Oppenheimer, Effective Rate 4.5277%