Bonds

Bond Offering

State Public Works Board Lease Revenue Bonds 2025 Series A (Tax-Exempt) and 2025 Series B (Federally Taxable Bonds)

State Public Works Board Lease Revenue Bonds 2025 Series A (Tax-Exempt) and 2025 Series B (Federally Taxable Bonds)

Par Amount
$720,000,000
Sale Date
04/08/2025
Sector
State / Province
State
California
Method of Sale
Negotiated

Joint Senior Manager (Tax-Exempt Book-Runner)

Ramirez & Co., Inc.
Samuel Ramirez
(212) 248-0528

Joint Senior Manager (Taxable Book-Runner)

Wells Fargo Bank, N.A.
Rebekah Wales
(866) 287-3221

Co-Senior Manager

Academy Securities, Inc.
Mike Murray
(919) 869-8291

Co-Manager

AmeriVet Securities, Inc.
Steven Kay
(646) 809-6946
Bancroft Capital, LLC
Dana Villanova
(808) 809-5523
Barclays Capital Inc.
Carmen Vargas
(310) 481-4929
BofA Securities, Inc.
Rob East
(800) 937-0616
Cabrera Capital Markets, LLC
Merita Kulpinski
(312) 931-6654
Caldwell Sutter Capital, Inc.
Joe DuCote
(415) 516-0786
FHN Financial Capital Markets
Ajay Thomas
(512) 636-8007
Great Pacific Securities
Chris Vinck-Luna
(714) 619-3000
Jefferies LLC
Roy Carlberg
(212) 336-7151
Piper Sandler & Co.
Tom Tisell
(612) 303-6658
Raymond James & Associates, Inc.
Christopher Mukai
(424) 313-1201
Rice Financial Products Company
Tim Barbera
(212) 908-9260
Robert W. Baird & Co. Incorporated
Adam Persily
(916) 783-6527
*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.