CALIFORNIA
Community Facilities District No. 2022-1 of the City of Lake Elsinore (Alberhill Ranch)
Dec 16, 2025 $10,225,000
Special Tax Bonds, Series 2025 (R) (book entry)
Dated Dec 23, 2025.
Due Sep 1, 2026 to 2055.
First coupon Mar 1, 2026.
2033-2055 Callable Sep 1, 2032 at 103.000%, declining to par Sep 1, 2032.
Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:
L.O.: Stradling, Yocca, Carlson & Rauth, Newport Beach, CA.
F.A.: Urban Futures, Inc., Walnut Creek, CA.
COLORADO
Denver City and County Housing Authority
Dec 16, 2025 $84,050,000
Multifamily Housing Revenue Bonds, Series 2025A (4965 Washington Street Project) (R) (book entry) $56,750,000.
Dated Dec 23, 2025. Interest accrues Dec 23, 2025.
Due Jun 1, 2029 to Dec 1, 2045.
First coupon Jun 1, 2026.
2036-2045 Callable Dec 1, 2035 at par, 2029-2029 Callable Dec 1, 2028 at par.
Purchased through negotiation by KeyBanc Capital Markets, as follows:
L.O.: Taft Stettinius & Hollister LLP (formerly Sherman & Howard L.L.C, Denver, CO.
Denver City and County Housing Authority
Dec 16, 2025 $84,050,000
Multifamily Housing Revenue Bonds, Series 2025A (4965 Washington Street Project) (R) (book entry) $56,750,000.
Dated Dec 23, 2025. Interest accrues Dec 23, 2025.
Due Jun 1, 2029 to Dec 1, 2045.
First coupon Jun 1, 2026.
2036-2045 Callable Dec 1, 2035 at par, 2029-2029 Callable Dec 1, 2028 at par.
Purchased through negotiation by KeyBanc Capital Markets, as follows:
L.O.: Taft Stettinius & Hollister LLP (formerly Sherman & Howard L.L.C, Denver, CO.
Legacy Community Authority
Dec 17, 2025 $49,280,000
Limited Tax Supported, Revenue Bonds, Series 2025A (R) (book entry)
Dated Dec 23, 2025. Interest accrues Dec 23, 2025.
Due Dec 1, 2030 to 2055.
First coupon Jun 1, 2026.
2031-2055 Callable Dec 1, 2030 at 103.000%, declining to par Dec 1, 2030.
Purchased through negotiation by Piper Sandler & Co, as follows:
L.O.: Taft Stettinius & Hollister LLP (formerly Sherman & Howard L.L.C, Denver, CO.
F.A.: Crews & Associates, Inc., Little Rock, AR.
Compark Business Campus Metropolitan District
Dec 17, 2025 $33,580,000
General Obligation Limited Tax, Convertible Capital Appreciation Turbo Bonds, Series 2025 (Conversion Date: 12/01/2040) (L) (book entry)
Dated Dec 23, 2025. Interest accrues Dec 23, 2025.
Due Dec 1, 2055.
2055-2055 Callable Dec 1, 2032 at 103.000%, declining to par Dec 1, 2032.
Purchased through negotiation by Piper Sandler & Co, as follows:
L.O.: Taft Stettinius & Hollister LLP (formerly Sherman & Howard L.L.C, Denver, CO.
F.A.: Crews & Associates, Inc., Little Rock, AR.
GEORGIA
Georgia Higher Education Facility Authority
Dec 17, 2025 $39,530,000
Revenue Bonds, Series 2026B (USG Real Estate Foundation XIV, LLC Project) (R) (book entry)
Dated Jan 6, 2026.
Due Jan 1, 2027 to 2046.
First coupon Jul 1, 2026.
2037-2046 Callable Jan 1, 2036 at par.
Purchased through negotiation by RBC Capital Markets, Wells Fargo Corporate & Investment Banking, as follows:
L.O.: Kutak Rock, Atlanta, GA.
F.A.: PFM Financial Advisors LLC, Atlanta, GA.
Gainesville (City)
Dec 16, 2025 $87,385,000
Water and Sewerage Revenue Bonds, Series 2026 (R) (book entry)
Dated Jan 13, 2026.
Due Nov 15, 2027 to 2046.
First coupon May 15, 2026.
2036-2046 Callable Nov 15, 2035 at par.
Purchased through negotiation by Raymond James & Associates, Inc., as follows:
L.O.: Murray Barnes Finister LLP, Atlanta, GA.
ILLINOIS
Carol Stream Park District
Dec 16, 2025 $11,610,000
General Obligation Refunding Park Bonds, Series 2025A (G) (book entry) $9,245,000.
Dated Dec 30, 2025. Interest accrues Dec 30, 2025.
Due Jan 1, 2027 to 2037.
First coupon Jul 1, 2026.
2034-2037 Callable Jan 1, 2033 at par.
Purchased through negotiation by Baird, as follows:
General Obligation Limited Tax Park Bonds, Series 2025B (L) (book entry) $1,500,000.
Dated Dec 30, 2025. Interest accrues Dec 30, 2025.
Due Nov 1, 2041 to 2047.
First coupon Nov 1, 2026.
2041-2047 Callable Nov 1, 2035 at par.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Meristem Advisors LLC, Chicago, IL.
Illinois Housing Development Authority
Dec 16, 2025 $38,000,000
Multifamily Housing Revenue Bonds, Series 2025A (Fannie Mae MBS Secured) (Lakeside Tower) (R) (book entry) $18,610,000.
Dated Dec 23, 2025. Interest accrues Dec 23, 2025.
Due Feb 1, 2046.
First coupon Aug 1, 2026.
Non-callable.
Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:
Multifamily Housing Revenue Bonds, Series 2025B (Lakeside Tower) (Mandatory Tender Date: 08/01/2028) (R) (book entry) $19,390,000.
Dated Dec 23, 2025. Interest accrues Dec 23, 2025.
Due Aug 1, 2029.
First coupon Aug 1, 2026.
2029-2029 Callable Feb 1, 2028 at par.
L.O.: Burke, Burns & Pinelli, Chicago, IL.
INDIANA
Seymour Redevelopment Authority
Dec 16, 2025 $4,490,000
Ad Valorem Property Tax Lease Rental Revenue Bonds, Series 2025 (R) (bank qualified) (book entry)
Dated Dec 30, 2025. Interest accrues Dec 30, 2025.
Due Aug 1, 2026 to 2045.
First coupon Aug 1, 2026.
2036-2045 Callable Aug 1, 2035 at par.
Purchased through negotiation by Baird, as follows:
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Reedy Financial Group PC, Seymour, IN.
KANSAS
Wichita (City)
Dec 16, 2025 $32,455,000
Health Care Facilities Revenue Bonds, Series VII, 2025A (Larksfield Place) (R) (book entry)
Dated Dec 30, 2025. Interest accrues Dec 30, 2025.
Due Jun 1, 2030 to 2060.
First coupon Jun 1, 2026.
2033-2060 Callable Jun 1, 2032 at 103.000%, declining to par Jun 1, 2032.
Purchased through negotiation by Ziegler Capital Markets Group, as follows:
L.O.: Gilmore & Bell, P.C., Kansas City, MO.
KENTUCKY
Kentucky Public Energy Authority
Dec 16, 2025 $748,915,000
Gas Supply Revenue Refunding Bonds, 2025 Series C (R) (book entry)
Dated Dec 23, 2025.
Due Nov 1, 2026 to May 1, 2036.
First coupon May 1, 2026.
2036-2036 Callable Feb 1, 2036 at 100.168% plus accrued interest.
Purchased through negotiation by Morgan Stanley & Co., Inc., Academy Securities Inc., as follows:
L.O.: Kutak Rock, Omaha, NE.
F.A.: Municipal Capital Markets Group, Inc., Greenwood Village, CO.
LOUISIANA
Shreveport (City)
Dec 16, 2025 $159,305,000
Water and Sewer Revenue Refunding Bonds, Series 2025 (R) (book entry)
Dated Dec 29, 2025.
Due Dec 1, 2026 to 2040.
First coupon Jun 1, 2026.
2036-2040 Callable Jun 1, 2036 at par.
Purchased through negotiation by Stifel, Nicolaus & Co., Inc., Raymond James & Associates, Inc., Crews & Associates, Inc., as follows:
L.O.: Butler Snow, LLP, Baton Rouge, LA; and Blanchard, Walker, O'Quin & Roberts, Shreveport, LA.
F.A.: Government Consultants of Louisiana, Inc, Baton Rouge, LA.
Caddo Parish
Dec 16, 2025 $9,615,000
Limited Tax Revenue Bonds, Series 2026 (L) (book entry)
Dated Jan 14, 2026.
Due Mar 1, 2027 to 2045.
First coupon Mar 1, 2026.
2036-2045 Callable Mar 1, 2035 at par.
Purchased through negotiation by Crews & Associates, Inc., as follows:
L.O.: Foley & Judell, New Orleans, LA.
F.A.: Government Consultants of Louisiana, Inc, Baton Rouge, LA.
MICHIGAN
Michigan Housing Development Authority
Dec 16, 2025 $15,955,000
Multifamily Housing Revenue Bonds, Series 2025 (Tamarack Apartments Project) (Fannie Mae MBS-Secured) (Social and Green) (R) (book entry)
Dated Dec 23, 2025.
Due Aug 1, 2026 to 2041.
First coupon Aug 1, 2026.
Non-callable.
Purchased through negotiation by Wells Fargo Corporate & Investment Banking, as follows:
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
MISSOURI
Wright City R-II School District of Warren County
Dec 17, 2025 $11,000,000
General Obligation School Building Bonds, Series 2025 (Missouri Direct Deposit Program) (G) (book entry)
Dated Dec 30, 2025.
Due Mar 1, 2043 to 2045.
First coupon Sep 1, 2026.
2043-2045 Callable Mar 1, 2036 at par.
Purchased through negotiation by Piper Sandler & Co, as follows:
L.O.: Gilmore & Bell, P.C., Kansas City, MO.
Springfield (City)
Dec 16, 2025 $22,250,000
Special Obligation Refunding Bonds, Series 2025 (Sewer System Improvements Project) (R) (book entry)
Dated Dec 23, 2025.
Due Apr 1, 2027 to 2035.
First coupon Apr 1, 2026.
Non-callable.
Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:
L.O.: Gilmore & Bell, P.C., Kansas City, MO.
Grain Valley School District No. R-5
Dec 10, 2025 $6,375,000
General Obligation Refunding Bonds, Series 2025B (Missouri Direct Deposit Program) (G) (bank qualified) (book entry)
Dated Dec 30, 2025. Interest accrues Dec 30, 2025.
Due Mar 1, 2027 to 2029.
First coupon Sep 1, 2026.
Non-callable.
Purchased through negotiation by L.J. Hart & Company, as follows:
L.O.: Lathrop GPM, Clayton, MO.
NEBRASKA
Sanitary and Improvement District No. 368 of Sarpy County (Granite Creek East)
Dec 11, 2025 $1,600,000
General Obligation Bonds, Series 2026 (G) (bank qualified) (book entry)
Dated Jan 15, 2026. Interest accrues Jan 15, 2026.
Due Jan 15, 2029 to 2046.
First coupon Jul 15, 2026.
2032-2046 Callable Jan 15, 2031 at par.
Purchased through negotiation by D.A. Davidson & Co., as follows:
L.O.: Baird, Holm, LLP, Omaha, NE.
Omaha (City)
Dec 17, 2025 $64,565,000
Various Purpose Bonds, Series 2025B (G) (book entry)
Dated Dec 30, 2025. Interest accrues Dec 30, 2025.
Due Apr 15, 2026 to 2045.
First coupon Apr 15, 2026.
2036-2045 Callable Apr 15, 2035 at par.
Purchased through negotiation by D.A. Davidson & Co., as follows:
L.O.: Kutak Rock, Omaha, NE.
NEW HAMPSHIRE
National Finance Authority
Dec 16, 2025 $25,430,000
Special Revenue Bonds, Seires 2025-1 (Katy Couty Project - Development I), (R) (book entry) $11,904,000.
Dated Dec 23, 2025.
Due Dec 1, 2032.
First coupon Dec 1, 2026.
2032-2032 Callable Jun 1, 2027 at par.
Purchased through negotiation by Wells Fargo Corporate & Investment Banking, as follows:
Special Revenue Bonds, Seires 2025-2 (Katy Couty Project - Development II), (R) (book entry) $6,773,000.
Dated Dec 23, 2025.
Due Dec 1, 2031.
First coupon Dec 1, 2026.
2031-2031 Callable Jun 1, 2027 at par.
Special Revenue Bonds, Seires 2025-3 (Katy Couty Project - Development III) (R) (book entry) $6,753,000.
Dated Dec 23, 2025.
Due Dec 1, 2031.
First coupon Dec 1, 2026.
2031-2031 Callable Jun 1, 2027 at par.
L.O.: Ballard Spahr LLP, Philadelphia, PA.
F.A.: Tierra Financial Advisors, LLC, Arlington, TX.
NEW JERSEY
Passaic County Improvement Authority
Dec 16, 2025 $42,845,000
County Guaranteed Lease Revenue Bonds, Series 2025 (Little Falls Board of Education Project) (R) (book entry)
Dated Dec 30, 2025.
Due Sep 15, 2027 to 2050.
First coupon Sep 15, 2026.
2034-2050 Callable Sep 15, 2033 at par.
Purchased through negotiation by Raymond James & Associates, Inc., as follows:
L.O.: Dilworth Paxson, Freehold, NJ.
F.A.: NW Financial Group, Bloomfield, NJ.
NEW YORK
New York State Housing Finance Agency
Dec 17, 2025 $62,100,000
Affordable Housing Revenue Bonds, 2026 Series A (Sustainability Bonds) (Mandatory Tender Date: 05/01/2030 and 05/01/2031) (R) (book entry)
Dated Jan 7, 2026.
Due May 1, 2056.
First coupon May 1, 2026.
2056-2056 Callable May 1, 2028 at par, 2056-2056 Callable May 1, 2029 at par.
Purchased through negotiation by J.P. Morgan Securities LLC, Siebert Williams Shank & Co., L.L.C, Jefferies LLC, Morgan Stanley & Co., Inc., Ramirez & Co., Inc., RBC Capital Markets, Bancroft Capital, LLC, Barclays Capital, BofA Securities, Loop Capital Markets, LLC, Stern Brothers & Co., Wells Fargo Corporate & Investment Banking, as follows:
L.O.: Hawkins, Delafield & Wood, New York, NY; and Pearlman & Miranda, LLC, New York, NY.
F.A.: Caine, Mitter & Associates, New York, NY.
New York State Housing Finance Agency
Dec 17, 2025 $62,100,000
Affordable Housing Revenue Bonds, 2026 Series A (Sustainability Bonds) (Mandatory Tender Date: 05/01/2030 and 05/01/2031) (R) (book entry)
Dated Jan 7, 2026.
Due May 1, 2056.
First coupon May 1, 2026.
2056-2056 Callable May 1, 2028 at par, 2056-2056 Callable May 1, 2029 at par.
Purchased through negotiation by J.P. Morgan Securities LLC, Siebert Williams Shank & Co., L.L.C, Jefferies LLC, Morgan Stanley & Co., Inc., Ramirez & Co., Inc., RBC Capital Markets, Bancroft Capital, LLC, Barclays Capital, BofA Securities, Loop Capital Markets, LLC, Stern Brothers & Co., Wells Fargo Corporate & Investment Banking, as follows:
L.O.: Hawkins, Delafield & Wood, New York, NY; and Pearlman & Miranda, LLC, New York, NY.
F.A.: Caine, Mitter & Associates, New York, NY.
New York City Housing Development Corporation
Dec 17, 2025 $37,110,000
Housing Impact Bonds 2025 Series F (Sustainable Development Bonds) (R) (book entry)
Dated Dec 23, 2025.
Due Aug 1, 2055.
First coupon Aug 1, 2026.
2055-2055 Callable Feb 1, 2032 at par.
Purchased through negotiation by BofA Securities, Raymond James & Associates, Inc., Academy Securities Inc., Bancroft Capital, LLC, Hilltop Securities Inc., Jefferies LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co., Inc., Oppenheimer & Co., Inc., Ramirez & Co., Inc., Stern Brothers & Co., Wells Fargo Corporate & Investment Banking, as follows:
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
OHIO
Port of Greater Cincinnati Development Authority
Dec 16, 2025 $22,440,000
Multifamily Housing Revenue Bonds, Series 2025 (Fannie Mae MBS-Secured) (Social and Green Bonds) (R) (book entry)
Dated Dec 19, 2025. Interest accrues Dec 19, 2025.
Due Jun 1, 2026 to Dec 1, 2041.
First coupon Jun 1, 2026.
Non-callable.
Purchased through negotiation by KeyBanc Capital Markets, as follows:
L.O.: Dinsmore & Shohl LLP, Cincinnati, OH.
Ohio State University
Dec 16, 2025 $560,990,000
General Receipts Refunding Bonds, Series 2026 A (Multiyear Debt Issuance Program III) (R) (book entry)
Dated Jan 6, 2026.
Due Jun 1, 2035.
First coupon Jun 1, 2026.
Non-callable.
Purchased through negotiation by Jefferies LLC, Barclays Capital, Goldman, Sachs & Co., Academy Securities Inc., Huntington Securities, Inc., KeyBanc Capital Markets, RBC Capital Markets, as follows:
L.O.: Bricker Graydon LLP, Columbus, OH.
F.A.: PFM Financial Advisors LLC, Cleveland, OH.
TEXAS
La Porte Independent School District
Dec 16, 2025 $29,770,000
Refunding Bonds, Series 2026 (Permanent School Fund Guarantee Program) (G) (book entry)
Dated Dec 15, 2025.
Due Feb 15, 2026 to 2039.
First coupon Feb 15, 2026.
2036-2039 Callable Aug 15, 2035 at par.
Purchased through negotiation by Stephens Inc., Raymond James & Associates, Inc., TRB Capital Markets, LLC, as follows:
L.O.: Hunton Andrews Kurth LLP, Houston, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Prosper Independent School District
Dec 17, 2025 $276,835,000
School Building and Refunding Bonds, Series 2026 (Permanent School Fund Guarantee Program) (G) (book entry)
Dated Dec 15, 2025. Interest accrues Dec 15, 2025.
Due Feb 15, 2026 to 2055.
First coupon Feb 15, 2026.
2036-2055 Callable Aug 15, 2035 at par.
Purchased through negotiation by Piper Sandler & Co, FHN Financial Capital Markets, Frost Bank, Hilltop Securities Inc., as follows:
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Port Arthur (City)
Dec 16, 2025 $28,720,000
Combination Tax and Revenue Certificates of Obligation, Series 2025B (L) (book entry)
Dated Dec 1, 2025. Interest accrues Dec 23, 2025.
Due Aug 15, 2027 to 2050.
First coupon Aug 15, 2026.
2036-2050 Callable Aug 15, 2035 at par.
Purchased through negotiation by Siebert Williams Shank & Co., L.L.C, PNC Capital Markets, as follows:
L.O.: Holland & Knight LLP, Houston, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., San Antonio, TX; Hilltop Securities Inc., Houston, TX; and Hilltop Securities Inc., Dallas, TX.
Cypress-Fairbanks Independent School District
Dec 16, 2025 $278,900,000
Refunding Bonds, Series 2026 (Permanent School Fund Guarantee Program) (G) (book entry)
Dated Jan 1, 2026. Interest accrues Jan 15, 2026.
Due Feb 15, 2026 to 2041.
First coupon Feb 15, 2026.
Non-callable.
Purchased through negotiation by Jefferies LLC, BOK Financial Securities, FHN Financial Capital Markets, Huntington Securities, Inc., Piper Sandler & Co, SAMCO Capital Markets, as follows:
L.O.: Bracewell LLP, Houston, TX; and State Attorney General.
F.A.: Post Oak Municipal Advisors LLC, Houston, TX.
UTAH
Utah Housing Corporation
Dec 16, 2025 $21,620,000
Multifamily Housing Revenue Bonds, Series 2025 (The Cooperative 1581) (Mandatory Tender Date: 02/01/2029) (Cash Collateralized) (R) (book entry)
Dated Dec 23, 2025. Interest accrues Dec 23, 2025.
Due Jul 1, 2045.
First coupon Aug 1, 2026.
2045-2045 Callable Feb 1, 2028 at par.
Purchased through negotiation by KeyBanc Capital Markets, as follows:
L.O.: Gilmore & Bell, Salt Lake City, UT.
VIRGINIA
Arlington County Industrial Development Authority
Dec 16, 2025 $40,000,000
Multifamily Housing Revenue Bonds, Series 2025 (Barcroft-Charlie 2 and Barcroft-Bravo 5) (Mandatory Tender Date: 02/01/2027) (R) (book entry)
Dated Dec 23, 2025.
Due Dec 1, 2055.
First coupon Aug 1, 2026.
2055-2055 Callable Mar 1, 2026 at par.
Purchased through negotiation by Wells Fargo Corporate & Investment Banking, as follows:
L.O.: McGuireWoods LLP, Tysons Corner, VA.
WISCONSIN
Valders Area School District
Dec 16, 2025 $4,465,000
General Obligation Refunding Bonds (G) (bank qualified) (book entry)
Dated Jan 5, 2026. Interest accrues Jan 5, 2026.
Due Apr 1, 2026 to 2038.
First coupon Apr 1, 2026.
2035-2038 Callable Apr 1, 2034 at par.
Purchased through negotiation by Baird, as follows:
L.O.: Griggs Law Office LLC, Milwaukee, WI.
Wisconsin Health and Educational Facilities Authority
Dec 17, 2025 $127,010,000
Refunding Revenue Bonds, Series 2025A (Mercy Health Corporation) (R) (book entry)
Dated Dec 30, 2025. Interest accrues Dec 30, 2025.
Due Jun 1, 2026 to 2039.
First coupon Jun 1, 2026.
2036-2039 Callable Dec 1, 2035 at par.
Purchased through negotiation by Ziegler Capital Markets Group, as follows:
L.O.: Quarles & Brady, Milwaukee, WI.
FORWARDS
WISCONSIN
Wisconsin Health and Educational Facilities Authority
Dec 17, 2025 $406,195,000
Refunding Revenue Bonds, Series 2026C (Mercy Health Corporation) (Mandatory Put Date: 12/01/2033) (R) (book entry) $116,720,000.
Dated Mar 3, 2026. Interest accrues Mar 3, 2026.
Due Dec 1, 2033 to 2046.
First coupon Jun 1, 2026.
2033-2046 Callable Jun 1, 2033 at par.
Purchased through negotiation by Ziegler Capital Markets Group, as follows:
Refunding Revenue Bonds, Series 2026B (Mercy Health Corporation) (Mandatory Put Date: 12/01/2031) (R) (book entry) $116,800,000.
Dated Mar 3, 2026. Interest accrues Mar 3, 2026.
Due Dec 1, 2032 to 2046.
First coupon Jun 1, 2026.
2032-2046 Callable Jun 1, 2031 at par.
Refunding Revenue Bonds, Series 2026A (Mercy Health Corporation) (R) (book entry) $172,675,000.
Dated Mar 3, 2026. Interest accrues Mar 3, 2026.
Due Jun 1, 2026 to Dec 1, 2046.
First coupon Jun 1, 2026.
2036-2046 Callable Jun 1, 2036 at par.
Purchased through negotiation by Ziegler Capital Markets Group, as follows:
L.O.: Quarles & Brady, Milwaukee, WI.
CALIFORNIA
Centinela Valley Union High School District
Dec 16, 2025 $45,650,000
2026 General Obligation Refunding Bonds (Forward Delivery) (G) (book entry)
Dated May 7, 2026.
Due Aug 1, 2026 to 2039.
First coupon Aug 1, 2026.
2037-2039 Callable Aug 1, 2036 at par.
Purchased through negotiation by Barclays Capital, as follows:
L.O.: Nixon Peabody LLP, San Francisco, CA.
F.A.: Keygent LLC, El Segundo, CA.
TAXABLE ISSUES
CALIFORNIA
San Ramon Valley Unified School District
Dec 16, 2025 $12,330,000
Certificates of Participation (2025 Administrative Building Financing) (C) (book entry) (Taxable)
Dated Dec 30, 2025.
Due Jul 1, 2026 to 2033.
First coupon Jul 1, 2026.
Non-callable.
Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:
L.O.: Orrick, Herrington & Sutcliffe, Irvine, CA.
F.A.: Isom Advisors Inc., Walnut Creek, CA.
COLORADO
Denver City and County Housing Authority
Dec 16, 2025 $84,050,000
Multifamily Housing Revenue Bonds, Series 2025B (4965 Washington Street Project) (R) (book entry) (Taxable) $27,300,000.
Dated Dec 23, 2025. Interest accrues Dec 23, 2025.
Due Jun 1, 2028.
First coupon Jun 1, 2026.
2028-2028 Callable Dec 1, 2027 at par.
Purchased through negotiation by KeyBanc Capital Markets, as follows:
L.O.: Taft Stettinius & Hollister LLP (formerly Sherman & Howard L.L.C, Denver, CO.
GEORGIA
Georgia Higher Education Facility Authority
Dec 17, 2025 $190,500,000
Revenue Bonds (Usg Real Estate Foundation XIV Llc Project) Series 2026A (R) (book entry) (Taxable)
Dated Jan 6, 2026.
Due Jan 1, 2027 to 2046.
First coupon Jul 1, 2026.
2037-2046 Callable Jan 1, 2036 at par.
Purchased through negotiation by RBC Capital Markets, Wells Fargo Corporate & Investment Banking, as follows:
L.O.: Kutak Rock, Atlanta, GA.
F.A.: PFM Financial Advisors LLC, Atlanta, GA.
ILLINOIS
Carol Stream Park District
Dec 16, 2025 $11,610,000
General Obligation Limited Tax Refunding Park Bonds, Series 2025C (L) (book entry) (Taxable) $865,000.
Dated Dec 30, 2025. Interest accrues Dec 30, 2025.
Due Nov 1, 2042 to 2050.
First coupon Nov 1, 2026.
2042-2050 Callable Nov 1, 2035 at par.
Purchased through negotiation by Baird, as follows:
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Meristem Advisors LLC, Chicago, IL.