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February 2024

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  • 2024
  • February 2024
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Lead Bookrunner
K-12 Education
Bourbonnais School District No. 53

Baird served as sole underwriter on Bourbonnais School District No. 53’s $3M General Obligation Limited Tax School Bonds to increase working cash, fund roof projects and equipment replacement.

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Lead Bookrunner
Municipalities & Counties
City of Geneva

Baird served as sole underwriter on the City’s $27.615M General Obligation Bonds (Alternate Revenue Source), Series 2024, financing electric system improvements amid a volatile market.

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Placement Agent
Municipalities & Counties
City of Marengo

Baird acted as placement agent on Marengo’s $24M General Obligation Grant Anticipation Promissory Note, securing a variable interest rate through 2028.

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Lead Bookrunner
Special Districts
Winfield Fire Protection District

Baird served as sole underwriter on Winfield Fire Protection District’s $7.3M General Obligation Bonds, Series 2024, generating $7.5M to build and equip a new fire station in a well-received negotiated sale.

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Lead Bookrunner
Municipalities & Counties
Village of West Dundee

Baird served as sole underwriter on the Village of West Dundee’s $20.3M Series 2024 GO Bonds, financing acquisition of land for future development in the Village’s Spring Hill Mall TIF District.

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Municipal
Lead Bookrunner
Charter Schools
Victory Charter School

To continue supporting its mission, Victory Charter School financed facility improvements with Baird serving as sole managing underwriter.

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Placement Agent
Municipalities & Counties
City of Chenoa

Baird served as placement agent to the City of Chenoa, contacting over 30 banks. The refinancing achieved $72.5K in gross debt service savings and $60.0K in present value savings.

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Co-Manager
K-12 Education
Elgin School District No. 46

Baird served as co-manager on Elgin School District No. 46’s $57.2M General Obligation School Bonds, Series 2024, financing safety and security upgrades, facility improvements and new classrooms.

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