Transaction Details

Wisconsin Health and Educational Facilities Authority (Marquette University)

Municipal

Co-Manager

Baird has served as lead- or co-manager on over $850 million in bond issues for Marquette since our partnership began in 1993. Baird’s long-standing work with Marquette University demonstrates the firm’s ability to remarket and price bonds in the most difficult market on record, our willingness to use our capital to support our clients during tumultuous times, and our ability to act quickly and creatively to meet our clients’ needs.

Baird served as co-managing underwriter on the University’s Refunding Revenue Bonds, Series 2022. The bonds refunded a portion of the Series 2012 Bonds and paid certain costs incurred in connection with the issuance.

The Series 2022 bonds achieved net present value savings of almost $5.4 million or 8.54%. The University’s true interest cost was 2.80%. Baird was allocated $1.3 million of bonds for retail accounts.