MICHIGAN

Rochester Community School District

Jan 29, 2026 $48,770,000

2026 Refunding Bonds (General Obligation - Unlimited Tax).

Dated Feb 24, 2026.

Due May 1, 2027 to 2036.

Non-callable.

Winning bid: Jefferies, at 112.2759, TIC 2.5657%.

L.O.: Thrun Law Firm, P.C., East Lansing, MI.

F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.

Other bidders were:

JPMorgan, TIC 2.5724%

Piper Sandler, TIC 2.5827%

BofA Securities, TIC 2.5898%

Wells Fargo Corp, TIC 2.6%

Mesirow Financial, TIC 2.6198%

TD Financial, TIC 2.6218%

UBS Financial Svcs, TIC 2.627%

PNC Capital Markets, TIC 2.6329%

Baird, TIC 2.6365%

Cabrera Cap Mkts, TIC 2.6417%

Morgan Stanley, TIC 2.6418%

Fifth Third Secs, TIC 2.6419%

Hilltop Securities, TIC 2.6452%

UMB Bank, TIC 2.666%

Huntington Secs, TIC 2.679%

StoneX Fin Inc., TIC 2.6861%

KeyBanc Cap Mkts, TIC 2.6869%