Municipal Underwriting

We understand that, ultimately, public finance is about connecting issuers with investors. This is why relationships are the foundation of everything we do.

Our role is to provide the knowledge, expertise, support, guidance and relationships to enable municipal issuers to access capital efficiently and fairly, whether through competitive or negotiated underwriting or via private placement.

The Baker Group consistently commits resources and firm capital to support municipal bond issuance. We do this because we know it’s important to you, the issuer, but also because we have tremendous confidence in our exceptional distribution capabilities, the knowledge of our municipal credit and public finance group, and the expertise of our trading and underwriting teams.

Since 1979, The Baker Group has cultivated trusted and valued relationships with over 1,000 community banks and institutional investors across the county. Our distribution capabilities are powered by these relationships. They are the core driver of our success in becoming one of the top municipal bond underwriters in the nation.*

Consistently winning deals in the competitive marketplace requires an exacting level of market knowledge and precision pricing. It requires the willingness to commit capital and the ability to distribute bonds.

Put our knowledge, expertise, and capabilities to work for you. When engaged as underwriter, The Baker Group’s services include:

• Comprehensive credit review
• Capital planning and budgeting assessment
• Review of outstanding debt to identify potential refunding savings
• Assistance working with rating agencies
• SEC Rule15c2-12 past compliance review and recommendations
• Structuring the financing
• Marketing the bonds
• Ongoing continuing disclosure guidance

Areas of Expertise

• State and local governments
• School districts
• Water, wastewater, and electric utilities
• Park and library districts

Whether you are a municipal advisor or a municipal bond issuer, The Baker Group welcomes the opportunity to help you with your next underwriting.

For more information, please contact The Baker Group Public Finance Division.

*Source: Bloomberg LP, by total par value underwritten