Bonds

Bond Offering

State of California Various Purpose General Obligation Bonds and Various Purpose General Obligation Refunding Bonds

State of California Various Purpose General Obligation Bonds and Various Purpose General Obligation Refunding Bonds

Par Amount
$2,500,000,000
Sale Date
04/02/2025
Sector
State / Province
State
California
Method of Sale
Negotiated
Retail Order Period Begins
04/01/2025

Book-Running Joint Senior Manager

J.P. Morgan Securities LLC
J.P. Morgan
(855) 231-8873

Joint Senior Manager

Loop Capital Markets LLC
Tamara Maldonado
(312) 913-4900

Co-Senior Manager

Raymond James & Associates, Inc.
Christopher Mukai
(424) 313-1201

Co-Manager

Academy Securities, Inc.
Mike Murray
(919) 869-8291
Alamo Capital
Nancy Mullally
(925) 472-5700
American Veterans Group, PBC
Jose Franco
(559) 740-8924
Backstrom McCarley Berry & Co., LLC
Vincent McCarley
(415) 857-6101
Barclays Capital Inc.
Carmen Vargas
(310) 481-4929
Blaylock Van, LLC
Ron Banaszek
(914) 714-0204
BofA Securities, Inc.
Rob East
(800) 937-0616
BNY Mellon Capital Markets, LLC
William Quill
(212) 815-2627
D.A. Davidson & Co.
Tom Innis
(415) 848-6708
Goldman, Sachs & Co. LLC
Cynthia Rivera
(212) 902-6555
Hilltop Securities Inc.
(214) 953-4000
Jefferies LLC
Roy Carlberg
(212) 336-7151
Mesirow Financial, Inc.
Stephen Jay Murphy
(212) 530-7661
Mischler Financial Group, Inc.
Scott C. Kersh
(949) 720-0640
Morgan Stanley & Co. LLC
Morgan Stanley Wealth Management
(213) 486-8811
Piper Sandler & Co.
Tom Tisell
(612) 303-6658
PNC Capital Markets LLC
Mark DeNick
(215) 585-1441
R. Seelaus & Co., LLC
Jim Brucia
(908) 273-0843
Ramirez & Co., Inc.
Samuel Ramirez
(212) 248-0528
RBC Capital Markets, LLC
Glenn McGowan
(212) 519-8415
Siebert Williams Shank & Co., LLC
Ed Tishelman
(212) 373-4226
Stern Brothers & Co.
David Hubeli
(314) 743-4012
Wedbush Securities Inc.
Paul Edwards
(213) 688-4442
Wells Fargo Bank, N.A.
Rebekah Wales
(866) 287-3221

Selling Group

AmeriVet Securities, Inc.
Steven Kay
(646) 809-6946
Bancroft Capital, LLC
Dana Villanova
(808) 809-5523
Cabrera Capital Markets, LLC
Merita Kulpinski
(312) 931-6654
Caldwell Sutter Capital, Inc.
Joe DuCote
(415) 516-0786
Essex Securities LLC
Prakash Gupta
(201) 777-7121
FHN Financial Capital Markets
Ajay Thomas
(512) 636-8007
Fidelity Capital Markets
(800) 544-5372
Fifth Third Securities
Nathan Flynn
(317) 383-2364
Great Pacific Securities
Chris Vinck-Luna
(714) 619-3000
InspereX
John Tolar
(561) 361-1241
Oppenheimer & Co. Inc.
Rick Maniss
(949) 219-1020
Rice Financial Products Company
Tim Barbera
(212) 908-9260
Robert W. Baird & Co. Incorporated
Adam Persily
(916) 783-6527
Roosevelt & Cross Incorporated
Charles Stavitski
(212) 504-9295
Stifel, Nicolaus & Company, Inc
Vince Lazalde
(415) 364-5934
Stinson Securities, LLC
Lonnie Odom
(415) 981-3345
TD Securities (USA) LLC
UMB Bank, N.A.
*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.