• About our transaction

    • The District achieved an all-in borrowing cost of 0.81% over 4.5 years and funded $44.65 million in new money projects
    • The District received over $193 million of orders from 16 accounts and reduced yields by 4 to 6 basis points in all maturities after the order period

    About our transaction

    • The District achieved an all-in borrowing cost of 1.01% over 4.8 years and funded $54.24 million in new money projects
    • The District received over $270 million of orders from 17 accounts and reduced yields by 2 to 7 basis points in all maturities after the order period

    About our transaction

    • The District achieved a combined all-in borrowing cost of 2.41% over 12.5 years, PV debt service savings of 9.5% of the refunded par amount on the refunding bonds, and funded $72 million in new money projects
    • Reduced yields by 5 to 10 basis points in all maturities after the order period

    About our transaction

    • The District achieved an all-in borrowing cost of 1.55% over 6.0 years and funded $110.76 million in new money projects
    • The District received over $193 million of orders from 14 accounts and reduced yields by 2 to 5 basis points in 2021-2024 after the order period

    About our transaction

    • The District achieved a combined all-in borrowing cost of 2.85% over 12.4 years, PV debt service savings of 4.3% of the refunded par amount on the refunding bonds, and funded $42 million in new money projects
    • Reduced yields by 2 to 6 basis points across all maturities after the order period

    About our transaction

    • The District achieved an all-in borrowing cost of 3.11% over 16.8 years, PV debt service savings of 15.8% of the refunded par amount on the refunding bonds, and funded over $2.28 in new money projects.
    • RJ supported the transaction by underwriting 17% of the bonds.

  • About our transaction

    • Orders for the Series 2019 Bonds were received from 41 different accounts across the maturity spectrum with individual maturity oversubscription of up to 9.67x and aggregate oversubscription of 4.61x.
    • Overall, we were able to reduce yields by 1 to 9 basis points across all maturities after the order period.

    About our transaction

    • Following a favorable pre-marketing period, the pricing was extremely successful, receiving a total aggregate over-subscription of 4.2x with 31 different institutional investors across the maturity spectrum.
    • Given the demand, the yields were reduced in most maturities, resulting in an All-In True Interest Cost of 4.05% over 25 years.

    About our transaction

    • The Certificates were structured to appeal to a broad range of investors, resulting in individual maturity oversubscriptions of up to 9x and an aggregate oversubscription of 6x.
    • RJ reduced yields by up to 3 bps after the marketing period, and further reduced yields up to 7 bps after the order period.

    About our transaction

    • Through Raymond James Capital Funding, the firm served as lender for the Series 2017 Certificates of Participation.
    • The District achieved present value debt service savings equal to 5.75% of the refunded par amount and funded $13.99 million of new money school improvement projects at an all-in interest cost of 2.42%.

    About our transaction

    • As the result of our strong pre-marketing efforts, orders for the Series 2017B Certificates resulted in aggregate oversubscription of 8.5x.
    • Overall, Raymond James adjusted yields lower by 5 bps in the 2027 maturity and 6 bps in the 2028 maturity after the order period, resulting in NPV savings of $4.39 million, or 7.9% of the refunded par amount.

    About our transaction

    • The proximity of our global headquarters in St. Petersburg, Florida, allowed the District to invite students, teachers and administrators to attend the pricing of the Certificates.
    • Orders for the Certificates were received from 46 different accounts with individual maturity oversubscription of up to 8.9x and aggregate oversubscription of 4.6x.

  • About our transaction

    • Through Raymond James Capital Funding, the firm served as lender for the Series 2017 Sales Tax Revenue Bonds.
    • The District achieved present value debt service savings equal to 12.77% of the refunded par amount and funded $19.75 million of new money projects for multiple elementary schools at an all-in interest cost of 2.56%.

    About our transaction

    • Orders for the Series 2017 Bonds were received from 43 different accounts across the maturity spectrum with individual maturity oversubscription of up to 15x and aggregate oversubscription of 6.4x.
    • Overall, we were able to reduce yields by 4 to 10 basis points across all maturities after the order period.

    About our transaction

    • As the result of our retail focus and strong pre-marketing efforts, orders for the Series 2017 Bonds were received from 51 different accounts across the maturity spectrum with individual maturity oversubscription of up to 17x and aggregate oversubscription of 11x.

    About our transaction

    • On the day of pricing, Raymond James structured the certificates to attract a broad and diverse investor base to achieve the lowest possible borrowing cost.
    • Overall, Raymond James adjusted yields lower by up to 7 basis points based on investor demand on the day of pricing, resulting in NPV savings of $3.55 million, or 8.98% of the refunded par amount.

    About our transaction

    • In total, the District received $461 million in orders (6x over-subscribed). Due to the significant level of investor demand, RJ was able to lower yields by up to 8 bps across the curve.
    • The District was able to realize PV savings of $10.7 million, or 13% of the refunded par value.

    About our transaction

    • RJ consistently monitored market conditions and bonding capacity following the sales tax referendum.
    • RJ evaluated shorter call options and looked at investor perceptions of utilizing certain DSRF surety providers.
    • Due to aggressive marketing efforts, yields were reduced by up to 17 bps.

  • About our transaction

    • Through Raymond James Capital Funding, the firm served as lender for the Series 2015 Refunding COPs.
    • The District achieved present value debt service savings of $2.52 million or 6.93% of the refunded par amount at an all-in interest cost of 3.02%.

    About our transaction

    • Through Raymond James Capital Funding, the firm served as lender for the Series 2015A COPs.
    • The District achieved present value debt service savings equal to 7.99% of the refunded par amount at an all-in interest cost of 2.34%.

    About our transaction

    • Through Raymond James Capital Funding, the firm served as lender for the Series 2015 Refunding COPs.
    • The District achieved aggregate present value debt service savings equal to 6.19% of the refunded par amount at an all-in interest cost of 3.06%.

    About our transaction

    • Through Raymond James Capital Funding, the firm served as lender for the Series 2015 Refunding COPs.
    • The District achieved present value debt service savings of $1.79 million or 13% of the refunded par amount at an all-in interest cost of 2.90%.

    About our transaction

    • Through Raymond James Capital Funding, the firm served as lender for the Series 2015A Refunding COPs.
    • The District achieved present value debt service savings of $5.78 million or 13.09% of the refunded par amount.

    About our transaction

    • Through Raymond James Capital Funding, the firm served as lender for the Series 2014 Refunding COPs.
    • The District achieved aggregate present value debt service savings equal to 8.97% of the refunded par amount at an all-in interest cost of 2.89%.

  • About our transaction

    • Raymond James identified the School District of Pasco County as the last Florida school district with remaining unutilized Qualified School Construction Bonds (“QSCB”) allocation, totaling $13,655,000.
    • The District achieved a true interest cost of 65.2 bps over the life of the transaction taking into account the full Federal subsidy of 4.40%.

    About our transaction

    • Leading up to pricing, Raymond James engaged in an extensive 2 week pre-marketing and sales campaign.
    • These extensive pre-marketing efforts lead to an aggressive pricing with oversubscriptions of 3.0x in the final two maturities.
    • The District achieved PV debt service savings of $2.16 million or 9.88% of the refunded par amount.

    About our transaction

    • Through Raymond James Capital Funding, the firm served as lender for the Series 2014A COPs.
    • The District achieved present value debt service savings of $2.79 million or 9.95% of the refunded par amount.

    About our transaction

    • RJ helped the District achieve a ratings upgrade to Aa3/A+ (Moody’s/Fitch).
    • The District achieved PV debt service savings of $10.23 million or 8.37% of the refunded par amount.