Wed 01/10/2024 15:38 PM
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Raymond James and Stifel announced the verbal award for Jefferson County, Alabama’s $2.24 billion issue of Series 2024 warrants today, according to market sources. The deal was oversubscribed across the board - about 8x for the 2024 maturity, 12x to 15x for the warrants maturing from 2025 to 2028, 5x to 8x for the warrants maturing from 2029 to 2035, 12x for the warrants maturing 2036 through 2038 and about 15x for the warrants maturing in 2039 or later, according to one...
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