Radnor Township Board of Commissioners Meeting Agenda April 13 2026
Stifel Poised to Underwrite 2026 Stormwater Bonds
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Description
Radnor Township plans to appoint Stifel, Nicolaus & Company as underwriter for its $10 million 2026 stormwater bond issue, with fees capped at $5.50 per $1,000 of bond proceeds. Compensation will be paid from the bond sale proceeds upon closing.
Contract Details
Contract Amount
Underwriting discount not to exceed $5.50 per $1,000 of proceeds
Vendor
STIFEL, NICOLAUS & COMPANY INC
Agency
Town of Radnor, PA
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
Contract Term
For Series 2026 General Obligation Bonds for stormwater improvements
Renewal Info
New underwriting engagement following Stifel’s assumption of Boenning and Scattergood’s municipal bond business; specific to the 2026 stormwater bond.
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