October 2024

Baird’s California K-12 Public Finance group served as sole managing underwriter on a $4.82M certificates of participation financing for Upper Lake Unified School District, tailored to the district’s energy efficiency needs amid a volatile market.

Pacific Grove Unified School District worked with Baird on an $8.7M general obligation bond financing linked to a voter-approved measure, executed in a challenging market environment with disciplined pricing and strong investor interest.

Baird served as senior managing underwriter on Comal ISD’s $465.7M new money and refunding bonds, achieving a 3.80% true interest cost and delivering $10.3M in net present value savings from the refunding.

With a goal to maximize proceeds despite rising construction costs, Baird underwrote the Community Park District of La Grange Park's $10.7M park bonds to fund a major recreation center expansion.

To support a campus expansion project, Valor Education in Texas partnered with Baird to serve as sole managing underwriter on a non-rated financing.

Baird served as sole managing underwriter to American Leadership Academy in Arizona to achieve strong investor demand, resulting in competitive yields.

Baird underwrote the City of East Peoria’s $19.3M GO Bonds to finance a new police station. The City secured a true interest cost of 4.16% on a 27 year financing.

Given the unique nature of a STEM designated 501(c)(3) non-profit independent school, Baird’s Columbus Ohio office collaborated with the firm’s National Charter School Finance team to serve as sole managing underwriter on the $21.5M Baa3 rated financing for Dayton Regional STEM School.