The following firms have been approved and qualified by the Massachusetts School Building Authority to provide professional services for bond sales or its borrowing programs. Each firm was selected via a competitive Request for Responses (RFR). Selling Group members may be added prior to the next full RFR if they provide up to date information that warrants their inclusion.
Senior Managers (Alphabetical Order)
Bank of America Merrill Lynch
Barclays
Citi
Goldman Sachs & Co. LLC
Jefferies
J.P. Morgan
Loop Capital Markets
Morgan Stanley
Ramirez & Co.
RBC Capital Markets
Siebert Cisneros Shank & Co., LLC
STIFEL
UBS
Wells Fargo Securities
Co-Managers (Alphabetical Order)
Fidelity Capital Markets
Mischler Financial Group
Rice Financial Product Co.
Robert W. Baird & Co.
Stern Brothers & Co.
TD Securities (USA) LLC
US Bancorp
Selling Group (Alphabetical Order)
Academy Securities
Drexel Hamilton
FTN Financial
Intercoastal Capital Markets, Inc
Janney
Neighborly Securities
Oppenheimer & Co. Inc.
Piper Jaffray
R. Seelaus & Co., Inc.
Raymond James
Rock Fleet
Tribal Capital Markets, LLC
Variable Rate Remarketing Agents (Alphabetical Order)
Bank of America Merrill Lynch
Barclays
Citi
Clarity BidRate Alternative Trading System (“Clarity”)
Goldman Sachs & Co. LLC
Jefferies
J.P. Morgan
Loop Capital Markets
Morgan Stanley
RBC Capital Markets
Stern Brothers & Co.
STIFEL
TD Securities (USA) LLC
UBS
US Bancorp
Wells Fargo Securities
Commercial Paper Dealers (Alphabetical Order)
Bank of America Merrill Lynch
Barclays
Citi
Goldman Sachs & Co. LLC
Jefferies
J.P. Morgan
Loop Capital Markets
Morgan Stanley
Ramirez & Co.
RBC Capital Markets
STIFEL
TD Securities (USA) LLC
UBS
US Bancorp
Wells Fargo Securities
By publicly posting the following written disclosure, the MSBA intends that market participants may rely on the following for purposes of establishing the independent registered municipal advisor (IRMA) exemption to the SEC Municipal Advisor Rule.
The Massachusetts School Building Authority (“MSBA”) has retained certain independent registered municipal advisors. The MSBA is represented by and will rely on its municipal advisor(s) to provide advice with respect to proposals from financial services firms concerning the issuance of municipal securities and municipal financial products, including investments of bond proceeds and escrow investments, if applicable. The MSBA has qualified several independent registered municipal advisors to assist the MSBA in its debt management program. To know which municipal advisory firm that the MSBA will rely with respect to a particular matter, please contact the MSBA at 617-720-4466. This information may be relied upon for purposes of establishing the IRMA exemption until June 30, 2022, unless otherwise revoked or rescinded by the MSBA in its sole discretion. Proposals may be provided to the MSBA at 40 Broad Street, Suite 500, Boston, MA 02109. The MSBA will provide proposals received to its municipal advisors, in its discretion. Please note that aside from regulatory mandated correspondence between a financial services firm and the MSBA’s municipal advisors, no financial services firm should contact or send documents directly to the MSBA’s municipal advisors unless specifically directed to do so by the MSBA.
The MSBA has qualified the following independent registered municipal advisory firms for the Debt Management Pool (Alphabetical Order):
The MSBA has qualified the following independent registered municipal advisory firms for the Investment Management Pool (Alphabetical Order):
List of Firms Qualified to Serve as Bond Counsel (Alphabetical Order):
List of Firms Qualified to Serve as Disclosure Counsel (Alphabetical Order):
List of Firms Qualified to Serve as Underwriters' Counsel (Alphabetical Order)*:
*Underwriters will have the ability to submit other firms to the approved pool of firms providing Underwriters' Counsel services prior to the next Legal Services Procurement.
