GCRTA Board of Trustees Meeting Agenda Packet March 2026
Fifth Third Joins GCRTA Bond Underwriting Team
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Description
GCRTA included Fifth Third Securities, Inc. as a co-manager in its five-year underwriting syndicate to support bond sales and potential refundings. Fees will be paid from bond proceeds within the established $3.25 per $1,000 issuance cap.
Contract Details
Contract Amount
Rate not to exceed $3.25 per $1,000 of debt issuance
Vendor
FIFTH THIRD SECURITIES INC
Agency
Greater Cleveland Regional Transit Authority, OH
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
Contract Term
Five years
Renewal Info
Co-manager appointment is valid for five years; a new authorization would be needed for future periods.
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