MUNISTAT SERVICES, INC. was founded in 1977, and serves as financial advisor to local governments, school districts, and other tax-exempt organizations specializing in debt management and securities offerings. Our staff consists of dedicated and experienced individuals uniquely suited to taking each borrowing from inception to closing as efficiently as possible.
Our primary purpose is to perform the technical and administrative functions required as integral parts of the borrowing process in coordination and cooperation with our clients, bond counsel, local counsel and market participants. In addition, we have extensive experience in other areas of municipal finance, such as municipal credit analysis, local and federal government accounting and auditing, securities marketing and investments.
Our primary purpose is to perform the technical and administrative functions required as integral parts of the borrowing process in coordination and cooperation with our clients, bond counsel, local counsel and market participants. In addition, we have extensive experience in other areas of municipal finance, such as municipal credit analysis, local and federal government accounting and auditing, securities marketing and investments.
Services
The most effective use of our services comes from an ongoing involvement, where we work with you to develop a long-term capital plan and assist in the coordination of its implementation. We assist our clients in the development of a financial plan to size, structure and market their bonds. The plan should provide alternatives and be flexible in order to accommodate changing circumstances.
Mr. Lindsay has more than 20 years of experience in public finance. He previously worked with Hilltop Securities Inc. as a managing director for two years and with Independent Bond and Investment Consultants LLC for eighteen years. He has managed over 320 financing transactions exceeding $3.8 billion in par value.
A municipal advisor's role is to provide services relating to the structure and sale of securities and to ultimately assist issuers in trying to obtain the lowest financing cost.
In 2014, the relationships among the underwriter, the municipal advisor and the issuer were codified by the Securities and Exchange Commission ("SEC") as part of the rulemaking required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act") passed in 2010 in the wake of the Financial Crisis.
In 2014, the relationships among the underwriter, the municipal advisor and the issuer were codified by the Securities and Exchange Commission ("SEC") as part of the rulemaking required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act") passed in 2010 in the wake of the Financial Crisis.
The most effective use of our services comes from an ongoing involvement, where we work with you to develop a long-term capital plan and assist in the coordination of its implementation. We assist our clients in the development of a financial plan to size, structure and market their bonds. The plan should provide alternatives and be flexible in order to accommodate changing circumstances.
As soon as the method of borrowing has been determined, it is time to market the bonds to the investor community. An Official Statement is the offering document that is prepared on behalf of the issuer in connection with the sale of securities. Such document describes the terms and conditions of the sale, and sets forth all of the financial and operating information about the entity.
Reviews
Be the first to review Munistat.
Write a Review
