Rockford Public Schools Board of Education Agenda Packet May 11 2026
Stifel Underwrites Rockford Schools’ 2026 Refunding Bonds
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Description
Rockford Public Schools engaged Stifel, Nicolaus & Company as underwriter for its $44.85 million 2026 Refunding Bonds, with a $161,460.00 underwriting discount embedded in the bond sale. The transaction is expected to save taxpayers over $10.5 million.
Contract Details
Contract Amount
$161,460.00 (underwriter’s discount embedded in bond pricing)
Vendor
STIFEL, NICOLAUS & COMPANY INCORPORATED
Agency
Rockford Public Schools, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
One-time 2026 Refunding Bonds transaction
Renewal Date
2026-06-02
Renewal Info
Single bond issuance underwriting engagement; no ongoing renewal.
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Rockford Public Schools Board of Education Agenda Packet May 11 2026
Rockford Public Schools Board of Education Agenda Packet May 11 2026
Rockford Public Schools Board of Education Agenda Packet May 11 2026
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