Before developing a financing plan, our team will meet with the institution’s management, financial staff, and board of trustees in order to set up a comprehensive plan which will help the institution fulfill its future strategic objectives. This will facilitate informed decision-making relative to future capital financing needs, capital campaign requirements, and potential revenue increases.
TAG-Capital reviews alternatives and identifies the most beneficial course of action. We help structure bond issue to be cost-effective and attractive to buyers, assist the institution in the identification and selection of the various parties involved in the debt issuance process which may include; underwriters, marketing agents, Bond / Sukuk insurance companies, Bond counsel, and trustees.
We will undertake the following responsibilities:
- Coordinate financing structures with the underwriter as to their appropriateness for the specific needs of the institution.
- Negotiate overall upfront costs, ongoing costs, and interest rate costs v Assist the institution in preparing rating agency presentations.
- Assist in negotiating the fees, terms and conditions of credit enhancements provided by bond insurance companies and/or letter-of-credit banks.
- Review and assess the appropriateness of the costs of issuance including the underwriter’s discount, remarketing fees, counsel fees, and trustee fees.
- Evaluate the interest rate(s) proposed by the underwriter as to the appropriateness in the current market.
- Compile the appendix for the official statement with financial and summary information on the institution as necessary for disclosure purposes and as needed by the rating agencies, letter-of-credit bank or insurance companies.
