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About Underwriting

Since 1946 FirstSouthwest has been a trusted leader in public finance and has provided underwriting services for municipal clients across the U.S.

Since 2008, we have served as underwriter on more than $16 billion in long-term issues. We are ranked among the top 25 firms in the U.S. for senior managed long-term underwritings and among the top 20 for senior managed short-term underwritings. We also underwrote more than $475 million of bank qualified securities in 2008, ranking FirstSouthwest among the top 12 firms in the U.S. according to Thomson Reuters.
 
Unique Benefits
The diversity of our in-house resources translates into a number of unique benefits for our underwriting clients.

  • As of one the largest public financial advisory firms that is also a registered broker-dealer, FirstSouthwest is exposed to a wide variety of underwritings. This provides us a uniquely current perspective and allows us to offer our clients the latest structuring ideas and marketing strategies being employed across all sectors of the market.
  • Our distribution network enhances our ability to pre-market and distribute municipal bonds and notes to a wide variety of investor categories, including large institutional investors, regional institutions and high net worth individuals.
  • FirstSouthwest is dedicated to the municipal bond market. We are known best for our long history as a leading underwriter or financial advisor to municipalities across the nation. Our capital and resources directly support our municipal trading and underwriting activities, and our management thoroughly understands municipal risk.
     

Distribution Network
Our position as a national leader in public finance enhances our ability to both maintain and expand our distribution network throughout the following investor groups:

  • Tier 1 Firms Large institutional investors, including mutual funds, trust departments, large corporations, money managers, and insurance companies. Our prominence in the financial advisory arena provides us with added credibility when selling bonds to these firms.
  • Tier 2 Firms Regional institutions, such as trust departments, smaller corporations and regional banks. Major underwriting firms often overlook these markets, while we are continuing to expand our sales force within this segment.
  • Tier 3 Firms This includes retail, such as high net worth individuals, local money managers, and prime brokers. We continue to expand our sales force within this valuable segment.
     

To learn more about our underwriting capabilities, please contact us today.

Underwriting Calendar

Sales TypeIssuerStateDescriptionPar AmountPricingMaturityBQ
CompetitiveSalina, KSKSGO Internal Improv Bds S15A $7,090,000.007/6/2015 Yes
NegotiatedMontgomery Co MUD 84, TXTXUT Refdg Bds S15 $6,875,000.007/7/2015 Yes
NegotiatedRhode Island HMFCRIHome Opp Bds 66 S15$74,450,000.007/7/2015 No
NegotiatedJacksonville Elec Auth, FLFLElec Sys Rev Bds Series Three S15B$44,200,000.007/7/2015 No
CompetitiveTampa, FLFLWtr and Swr Refdg Rev Bds S15 $88,945,000.007/7/2015 No
CompetitiveTampa, FLFLRefdg Rev Bds S15 $38,125,000.007/7/2015 No
CompetitiveHarris Co MUD 180, TXTXUT Bds S15 $2,920,000.007/7/2015 No
CompetitiveWellington, KSKSGO Elec WS Util Sys Refdg Bds S15$5,270,000.007/7/2015 Yes
NegotiatedDallas ISD, TXTXLT Maintenance Tax Notes S15$75,000,000.007/8/2015 No
NegotiatedBastrop County, TXTXLT Refdg Bds S15$4,675,000.00  Yes
NegotiatedOklahoma Dev Fin AuthOKOK State Sys High Ed Mstr Lease Rev Bds S15A$45,000,000.007/8/2015 No
NegotiatedNorth Carolina Muni Pwr Agency #1NCCatawba Elec Rev Bd S15 $463,110,000.007/8/2015 No
NegotiatedAustin, TXTXWtr & Wstewtr Sys Rev Refdg Bds, S15$250,000,000.00  No
NegotiatedAustin, TXTXWtr & Wstewtr Sys Rev Refdg Bds, Txble S15B$50,000,000.00  No
CompetitiveHillsborough Co, FLFLComm Investment Tax Refdg Rev Bds S15$140,055,000.007/8/2015 No
CompetitiveSpartanburg Co SD #2, SCSCGO Bds S15 $15,500,000.007/8/2015 No
CompetitiveMetro Council, MNMNGO Transit Bds S15A $45,000,000.007/8/2015 No
CompetitiveFairfield ISD, TXTXUT Sch Bldg Bds S15 $3,000,000.007/8/2015 Yes
CompetitiveDes Moines, IAIAGO Refdg Bds S15B $21,580,000.007/8/2015 No
CompetitiveDes Moines, IAIAGO Bds S15A $43,035,000.007/8/2015 No
CompetitiveMetro Council, MNMNGO Park Bds S15B$6,000,000.007/8/2015 No
CompetitiveSuffolk, VAVAGO and Refdg Bds S15 $42,265,000.007/8/2015 No
CompetitiveSan Elizario ISD, TXTXUT Sch Bldg Bds S15 $28,000,000.007/8/2015 No
CompetitiveClark Co Wtr Reclamation Dist, NVNVGO LT Wtr Rec Refdg Bds$97,795,000.007/8/2015 No
CompetitiveMetro Council, MNMNGO WW Rev Bds S15C$100,000,000.007/8/2015 No
CompetitiveSagemeadow UD, TXTXUT Bds S15$4,800,000.007/8/2015 Yes
CompetitiveDona Ana Comm. College, NMNMLT GO Bds S15$8,800,000.007/8/2015 Yes
CompetitiveGrafton Village, WIWIGO Corp Purp Bds S15A$9,885,000.007/9/2015 Yes
CompetitiveIndependence, KSKSGO Bds S15A$1,900,000.007/9/2015 Yes
CompetitiveSelma, TXTXGO Bds S15 $9,000,000.007/9/2015 Yes

Upcoming Events

Bond Offerings

The FirstSouthwest Bond Offerings is currently undergoing maintenance. Please contact your sales representative for our current bond offerings at 214.953.4000 


 

UPCOMING EVENTS

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  • Carl Giles
  • Managing Director
  • Capital Markets
  • 214.953.4000
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