AFG professionals have provided financial advisory services in connection with over $35.8 billion in taxable and tax-exempt securities for a variety of government entities including, State and State authorities and agencies, county and county authorities, municipalities and municipal authorities, school districts, fire districts and regional authorities. The transactions completed include competitive and negotiated transactions, private placements, general obligation and revenue backed bonds, fixed and variable rate securities and notes. Typical financial advisory services include:
• Develop comprehensive tax and rate impact analysis
• Advise as to the issuance of short vs long term notes and bonds
• Structure a maturity schedule to meet goals and objectives
• Advise as to the appropriate and advantageous method of selling debt securities (competitive, negotiated, private placement)
• Prepare necessary financial applications and documents and attend public hearings
• If competitive sale, prepare bid or electronic bid spec, prepare list of bidders, and evaluate and verify bids
• If negotiated sale, prepare RFP for selection of underwriter and if applicable, trustee, verification agent, printer and other services as necessary
• If a negotiated transaction, negotiate the terms and conditions of the agreement of sale, work with the underwriter and client to price the bonds, and provide supporting research and recommendation regarding final bond sale terms
• Develop a rating agency strategy and obtain bond rating
• Obtain bond insurance or other credit enhancement as required
• Develop and manage transaction schedule and monitor market for timely issuance
• Advise in connection with the investment of bond proceeds
• Attend meetings as requested