Sacramento Area Sewer District Agenda Packet May 2026
Wells Fargo chosen as senior underwriter for 2026 bonds
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Description
Sacramento Area Sewer District selected Wells Fargo Corporate and Investment Banking as senior managing underwriter for up to $175 million in 2026 Refunding Revenue Bonds, with compensation limited to an underwriters’ discount of 0.3% of principal. The engagement covers structuring, marketing, and sale of bonds to refund 2010A and 2015 issues.
Contract Details
Contract Amount
Underwriters’ discount not to exceed 0.3% of principal amount (issue size not to exceed $175,000,000)
Vendor
WELLS FARGO CORPORATE & INVESTMENT BANKING
Agency
Sacramento County Water Agency, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 9, 2026
Contract Term
Bond issuance scheduled for pricing May 21, 2026 and closing May 26, 2026; services tied to 2026 refunding transaction
Renewal Date
2026-05-26
Renewal Info
Underwriting engagement is transaction-specific for the 2026 refunding bonds; any future bond issues would require separate selection or extension.
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