Westfield State University Board of Trustees Special Meeting Agenda Packet May 2026
Raymond James underwrites MSCBA Westfield IT bond
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Description
Raymond James will serve as underwriter for the MSCBA bond financing the $2 million Westfield State University residence hall technology upgrades, receiving a $5,895.21 underwriting discount as part of issuance costs. The firm prepared the debt service and sources-and-uses schedules for the June 16, 2026 bond.
Contract Details
Contract Amount
$5,895.21 underwriter's discount (within total bond-related costs of $21,654.99 cost of issuance plus discount)
Vendor
RAYMOND JAMES
Agency
Westfield State University, MA
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
Services associated with MSCBA Westfield Project bond issuance dated and delivered June 16, 2026
Renewal Info
Single bond underwriting engagement tied to the June 16, 2026 issuance; no renewal provisions noted.
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