FINANCIAL_SERVICESAPPROVED

California Infrastructure and Economic Development Bank (IBank) | State of California Awards Financial Services Contract to Jefferies Llc (August 2026)

IBank approved a refunding bond financing involving Jefferies LLC as an underwriter. The transaction authorizes up to $300 million to refinance The J. Paul Getty Trust’s outstanding bonds.

Document date · August 26, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Amount not to exceed $300,000,000 transaction
Contract type
FINANCIAL_SERVICES
Renewal date
2026-10-01
Renewal
The refunding addresses bonds subject to mandatory tender on October 1, 2026.
Document type
Minutes
Source document
California Infrastructure and Economic Development Bank Minutes Board Meeting 2026-08-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California?

Jefferies Llc was awarded this financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California, as recorded on August 26, 2026. The contract value is Amount not to exceed $300,000,000 transaction.

How much is the Jefferies Llc contract with California Infrastructure and Economic Development Bank (IBank) | State of California worth?

The Jefferies Llc contract with California Infrastructure and Economic Development Bank (IBank) | State of California is valued at Amount not to exceed $300,000,000 transaction, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in California Infrastructure and Economic Development Bank Minutes Board Meeting 2026-08-26 (Minutes), dated August 26, 2026 from California Infrastructure and Economic Development Bank (IBank) | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jefferies Llc hold?

Jefferies Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Jefferies Llc's profile

What is California Infrastructure and Economic Development Bank (IBank) | State of California currently buying?

Explore California Infrastructure and Economic Development Bank (IBank) | State of California's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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