Negotiated Bond Sale Process
/A negotiated sale is a method of offering bonds in which the District works with a selected Underwriter to negotiate the terms of the financing. The general steps for a negotiated bond sale include:
- The preliminary official statement (“POS”) is posted for investors
- The Underwriter markets the bonds to investors
- A pre-pricing call is conducted
- An order period is held for the bond sale
- A final pricing call is conducted
For more information, please contact us.