MICHIGAN
Fenton Charter Township
Sep 18, 2025 $4,360,000
2025B Capital Improvements Bonds (Limited Tax General Obligation) (book entry).
Dated Oct 9, 2025.
Due Nov 1, 2026 to 2045.
Callable Nov 1, 2034 at par.
Winning bid: TD Securities, at 102.8233, TIC 3.8952%.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Okemos, MI.
Other bidders were:
Brownstone Inv Grp, TIC 3.9041%
StoneX Fin Inc., TIC 3.9354%
FHN Fin Cap Mkts, TIC 3.9659%
Huntington Secs, TIC 3.9998%
KeyBanc Cap Mkts, TIC 4.0277%
Bernardi Securities, TIC 4.0895%
Stifel Nicolaus, TIC 4.0916%
Northland Securities, TIC 4.1174%
BOK Fin Secs, TIC 4.1177%
NEW YORK
Cortlandt (Town)
Sep 18, 2025 $3,535,000
General Obligations Public Improvement (Serial) Bonds, 2025
.
Dated Oct 2, 2025.
Due Oct 1, 2026 to 2045.
Callable Oct 1, 2033 at par.
Winning bid: Brownstone Inv Grp, at n/a, NIC 3.6445%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Huntington Secs, NIC 3.6872%
Roosevelt & Cross, NIC 3.6902%
Baird, NIC 3.7127%
PENNSYLVANIA
Freeport Area School District
Sep 18, 2025 $9,880,000
General Obligation Bonds, Series of 2025 (bank qualified) (book entry).
Dated Oct 23, 2025.
Due Apr 1, 2027 to 2045.
Callable Oct 1, 2030 at par.
Winning bid: Janney Montgomery, at n/a, TIC 4.0864%.
L.O.: Dinsmore & Shohl LLP, Pittsburgh, PA.
F.A.: PFM Financial Advisors LLC, Harrisburg, PA.
Other bidders were:
Baird, TIC 4.0864%
KeyBanc Cap Mkts, TIC 4.1777%
FHN Fin Cap Mkts, TIC 4.2461%
Bancroft Capital, TIC 4.3431%
TEXAS
Crowley (City)
Sep 18, 2025 $7,805,000
Combination Tax and Revenue Certificates of Obligation, Series 2025 (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2034 at par.
Winning bid: Hilltop Securities, at 104.1065, TIC 3.7385%.
L.O.: McCall Parkhurst & Horton, San Antonio, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, San Antonio, TX.
Other bidders were:
Baird, TIC 3.7773%
BOK Fin Secs, TIC 3.7889%
Baker Group, TIC 3.8107%
SouthState | Duncan, TIC 3.8641%
Brownstone Inv Grp, TIC 3.9182%
Raymond James, TIC 3.9903%
Montgomery County Municipal Utility District No.212
Sep 18, 2025 $2,410,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Oct 1, 2025.
Due Sep 1, 2027 to 2050.
Callable Sep 1, 2030 at par.
Winning bid: GMS Group, at 97.0000, NIC 4.9226%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Hilltop Securities, NIC 4.9978%