Adrian Public Schools AgendaPacket Regular Meeting 2026-06-08
Bond Underwriting Contract Awarded to Huntington Securities Inc
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Description
Huntington Securities, Inc. was awarded the underwriter contract for Adrian Public Schools' $19.79M 2026 Refunding Bonds at a favorable net sale price.
Contract Details
Contract Amount
$19,790,000 (par) + $1,899,968.25 premium - $46,704.40 underwriter discount = $21,643,263.85 total sale price
Vendor
HUNTINGTON SECURITIES INC
Agency
Adrian City School District, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 8, 2026
Contract Term
June 2026
Renewal Date
2026-06-02
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