<sub id="bzzpd"><dfn id="bzzpd"></dfn></sub>
<sub id="bzzpd"><var id="bzzpd"><output id="bzzpd"></output></var></sub>


              A powerful force in utilities financing.

              The public finance professionals at Raymond James have extensive experience in the underwriting of utility bonds, both on a negotiated basis and at competitive sale. In fact, we were involved in the first-ever bond issue by a public utility for the prepayment of electricity. This $1.5 billion bond issue was executed by the city of Memphis to purchase electricity over a 15-year period at a discount from Tennessee Valley Authority, the city’s sole supplier.

              In 2018, Raymond James ranked as the nation’s second-leading underwriter of water/sewer/gas transactions, senior managing 18 negotiated issues with a total par amount of nearly $750 million.*

              *Source: Bloomberg, based on total number of issues. Past performance may not be indicative of future results.

              Full-service Capabilities

              • Water revenue and refunding bonds
              • Wastewater revenue and refunding bonds
              • Water project financings
              • Separate agency financings
              • City, county and state water utility financings
              • Power financings

              Representative clients include:

              • New York City Municipal Water Finance Authority
              • Nashville Electric System (Tennessee)
              • North Dakota Rural Water Finance Authority
              • Wisconsin Rural Water Construction Loan Program Commission
              • North Carolina Eastern Municipal Power Agency
              • Shreveport, Louisiana
              • Water Works Board of Birmingham, Alabama
              • Mississippi Development Bank
              • Kentucky Rural Water Finance Corporation

              Great ideas and superior execution know no boundaries

              View Our Locations

              Public Finance Market Watch

              In-depth and timely commentary and analysis on the municipal market from industry experts.