Bond Underwriting Services
The Respondent shall become familiar with the Authority’s procedures, presentation and coordinating requirements necessary for the effective performance of its services. If selected to serve as an Underwriter, the Respondent will be required to coordinate its services and activities with designated Authority Management personnel, the Authority’s Financial Advisor and Bond Counsel
Services Required
1. Develop bond structures that will minimize overall debt service;
2. Indentify financing opportunities;
3. Assist in document drafting related to the financing;
4. Assist in presentations to the rating agencies, investors, bond insurers and credit providers (if necessary);
5. Work with Authority professionals to obtain bids for bond insurance if necessary;
6. Manage the underwriting process;
7. Provide pre-sale market pricing book, including recent comparable issues;
8. Consult with the Authority on syndicate rules;
9. Purchase the bonds after the pricing period;
10. Consult with Authority on allotments;
11. Provide post-closing analysis compliant with Executive Order No. 26 (Whitman), including pricing, orders, and allotments.
1 1
12. Identify investment opportunities that benefit the Authority and are compliant with the Bond Resolution; and
13. Provide other investment banking services as requested by the Authority.
