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FINANCIAL_SERVICESAPPROVED

Higher Education Student Assistance Authority Board Minutes April 2025

Siebert Williams Shank Named Co-Underwriter for HESAA Bonds

Included within bond underwriters' total compensation (see RBC record); not separately statedNJ Higher Education Student Assistance AuthoritySIEBERT WILLIAMS SHANK & COMPANY LLCApril 29, 2025

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Description

Siebert Williams Shank & Co., LLC is approved as senior manager co-underwriter for HESAA's $500 million Series 2025 bond transaction to finance NJCLASS student loans and refund prior obligations.

Contract Details

Contract Amount

Included within bond underwriters' total compensation (see RBC record); not separately stated

Vendor

SIEBERT WILLIAMS SHANK & COMPANY LLC

Agency

NJ Higher Education Student Assistance Authority, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

April 29, 2025

Contract Term

Participating in Series 2025 bonds (final maturity December 1, 2056)

Renewal Date

2056-12-01

Renewal Info

Annual or project-based engagement; participates in 2025 series, future engagements require new action.

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