Bonds

Bond Offering

State of California General Obligation Bonds Tax-Exempt ($1.3 billion New Money & $1.1 billion Refunding)

Offering Summary

Bond Details

Par Amount
$2,400,000,000
Retail Order Period Begins
September 7, 2022
Sale Date
September 8, 2022
Method of Sale
Negotiated

Offering Participants

Joint Senior Manager

Barclays Capital Inc.

(212) 526-7000

UBS Financial Services, Inc.

Tom Hawkins

(213) 972-2018

Co-Senior Manager

Piper Sandler & Co.

Susan Pryce

(800) 552-0614

Co-Manager

Alamo Capital

Vanessa Vallone

(925) 472-5720

AmeriVet Securities, Inc.

Jason Wong

(646) 809-6937

Backstrom McCarley Berry & Co., LLC

Don Backstrom

(310) 221-0640

Blaylock Van, LLC

Alice Livingston

(510) 268-4843

BofA Securities, Inc.

Rob East

(800) 937-0616

Cabrera Capital Markets, LLC

Merita Kulpinski

(312) 931-6654

Citigroup Global Markets Inc.

Tim Kenska

(855) 644-7252

D.A. Davidson & Co.

Richard Han

(916) 788-7246

Goldman, Sachs & Co. LLC

Galen Wilson

(415) 834-7958

Great Pacific Securities

Chris Vinck

(714) 619-3000

InspereX

David Rudd

(628) 231-2588

Jefferies LLC

Denise Gibbs

(212) 336-7101

J.P. Morgan Securities LLC

J.P. Morgan

(855) 231-8873

Loop Capital Markets

(312) 913-4900

Mesirow Financial, Inc.

Stephen Jay Murphy

(212) 530-7661

Morgan Stanley & Co. LLC

John Sheldon

(415) 576-2083

RBC Capital Markets, LLC

Matt Ricci

(415) 455-6388

Rice Financial Products Company

Tim Barbera

(212) 908-9260

Robert W. Baird & Co. Incorporated

Dan Persily

(916) 783-6527

Stifel, Nicolaus & Company, Inc

Katherine Hamburger

(415) 364-2810

UMB Bank, N.A.

Stephen Madden

(646) 650-3129

stephen.madden@umb.com

US Bancorp Investments, Inc.

Christopher Long

(877) 356-6249

chris.long@usbank.com

Wedbush Securities Inc.

Virginia Planellas

(213) 688-4441

virginia.planellas@wedbush.com

Wells Fargo Bank, N.A.

(866) 287-3221

General Offering Information

*The offerings above may from time to time include obligations payable solely or primarily from sources other than the State’s General Fund.  As described herein, the financial documents and other materials on this website generally relate to the State’s General Fund, which is the source of payment for State General Obligation Bonds (non-self liquidating) and primarily but not exclusively the source of payment for State Public Works Board Lease Revenue Bonds. The particular source of security and payment for each bond offering is described in the official statement for the bond offering, which should be read in its entirety.
*Subject to change, the ultimate amounts and dates can be affected by legal, market and other factors.