City of Stoughton Awards Financial Services Contract to Fhn Financial Capital Markets (August 2025)
City of StoughtonCity · Stoughton, WI- Disclosed value
- $12,520,000 principal; Underwriter’s Discount $109,976; Adjusted Price $12,919,307.24; Adjusted Net Interest Cost $514,621.06
- From agenda
- Awarded
- Aug 12, 2025
- Renews
- Free account
The 30-second brief
Following a competitive sale, the City of Stoughton awarded the underwriting of its $12,520,000 General Obligation Promissory Notes, Series 2025C to FHN Financial Capital Markets. The notes carry a true interest cost of 4.1478%, mature between 2026 and 2045, and are callable beginning April 1, 2033.
Fhn Financial Capital Markets holds this financial services contract with City of Stoughton. Its other public contracts on record include work for Coupland Independent School District and Wharton County Junior College.
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Contract details
- Contract type
- Financial Services
- Amount
- $12,520,000 principal; Underwriter’s Discount $109,976; Adjusted Price $12,919,307.24; Adjusted Net Interest Cost $514,621.06
- Document date
- August 12, 2025
- Term
- Notes mature annually from April 1, 2026 through April 1, 2045; callable April 1, 2033 or any date thereafter
- Renews
- On record
- Agency
- City of Stoughton
- Source document
- City of Stoughton Common Council Agenda 2025-08-12 (Agenda)
Fhn Financial Capital Markets's other public contracts
More City of Stoughton contracts
Questions about this contract
Who was awarded the financial services contract by City of Stoughton?
Fhn Financial Capital Markets was awarded this financial services contract by City of Stoughton, as recorded on August 12, 2025. The contract value is $12,520,000 principal; Underwriter’s Discount $109,976; Adjusted Price $12,919,307.24; Adjusted Net Interest Cost $514,621.06.
How much is the Fhn Financial Capital Markets contract with City of Stoughton worth?
The Fhn Financial Capital Markets contract with City of Stoughton is valued at $12,520,000 principal; Underwriter’s Discount $109,976; Adjusted Price $12,919,307.24; Adjusted Net Interest Cost $514,621.06, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Stoughton Common Council Agenda 2025-08-12 (Agenda), dated August 12, 2025 from City of Stoughton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Fhn Financial Capital Markets hold?
Fhn Financial Capital Markets may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Stoughton currently buying?
Explore City of Stoughton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.