FINANCIAL_SERVICESAWARDED

Independent School District No. 622 General Certificate of the District March 2026

$21.73M Facility Bond Sale Awarded to FHN Financial

$21,730,000 (Principal Amount) + $2,796,261.50 (Original Issue Premium) = $24,526,261.50 (Total Purchase Price)North St. Paul-Maplewood-Oakdale School DistrictFHN FINANCIAL CAPITAL MARKETSFebruary 26, 2026

Trusted by teams at

Description

Independent School District No. 622 awarded the sale of $21,730,000 in General Obligation Facilities Maintenance Bonds, Series 2026A to FHN Financial Capital Markets. The bonds mature from 2028 through 2041 and proceeds will fund facilities and site maintenance projects as outlined in the district's 10-year facility plan.

Contract Details

Contract Amount

$21,730,000 (Principal Amount) + $2,796,261.50 (Original Issue Premium) = $24,526,261.50 (Total Purchase Price)

Vendor

FHN FINANCIAL CAPITAL MARKETS

Agency

North St. Paul-Maplewood-Oakdale School District, MN

Contract Type

FINANCIAL_SERVICES

Document Date

February 26, 2026

Contract Term

Bonds dated March 12, 2026; maturity dates: February 1, 2028 – February 1, 2041

Renewal Date

2041-02-01

Renewal Info

Bonds with serial maturities; optional redemption beginning February 1, 2034 for bonds maturing on or after February 1, 2035. No routine renewal; prepayment per standard bond terms.