Massachusetts Pre-Qualifies 35 Firms

Massachusetts expanded its pool of pre-qualified underwriters by 35%, said Treasurer Steven Grossman, who on Friday announced the results of its request for qualifications of firms interested in providing investment banking services for future bond sales.

The Treasury pre-qualified 35 firms to provide underwriting services during negotiated bond sales, according to Grossman, including 11 minority- or women-owned business enterprises, nearly doubling that number.

Pre-qualified senior managers are Bank of America Merrill Lynch, Citi, Jefferies & Co., JPMorgan, Morgan Stanley, RBC Capital Markets and Wells Fargo.

Co-senior managers are Barclays, M.R. Beal & Co., Ramirez & Co., Raymond James | Morgan Keegan and Siebert Brandford Shank & Co.

Co-managers are Cabrera Capital Markets, CastleOak Securities, Corby Capital Markets, Deutsche Bank AG, Eastern Bank Capital Markets, Edward Jones, Estrada Hinojosa & Co., Fidelity Capital Markets, Jackson Securities, Janney Montgomery Scott, Lebenthal & Co., Loop Capital Markets, Mesirow Financial, Oppenheimer & Co., Piper Jaffray & Co., Prager & Co., Rice Financial Products, Robert W. Baird & Co., Roosevelt & Cross, Stifel Nicolaus, TD Securities, US Bancorp and Williams Capital Group.

Selling group members are Drexel Hamilton, Sandgrain Securities, Southwest Securities and Stern Brothers Co.

For reprint and licensing requests for this article, click here.
Massachusetts
MORE FROM BOND BUYER