ISU Laboratory Schools Awards Financial Services Contract to Loop Capital Markets LLC (July 2026)
ISU Laboratory SchoolsSchool · Normal, IL- Disclosed value
- Not to exceed $68,500,000 aggregate principal amount of 2026A Certificates; sale price not less than 97% of par; true interest cost not to exceed 6.50%
- From resolution
- Approved
- Jul 24, 2026
- Renews
- Free account
The 30-second brief
Illinois State University’s Board approved Loop Capital Markets LLC as an underwriter for the Series 2026A Certificates of Participation, part of a financing up to $68.5 million for major science and GE Road campus improvements. The Certificates will mature no later than April 1, 2057 and are structured as a negotiated sale.
Loop Capital Markets LLC holds this financial services contract with ISU Laboratory Schools. Its other public contracts on record include work for PA-State-Turnpike Commission and City of Maize.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $68,500,000 aggregate principal amount of 2026A Certificates; sale price not less than 97% of par; true interest cost not to exceed 6.50%
- Document date
- July 24, 2026
- Term
- Final maturity of Certificates no later than April 1, 2057 (maximum 30-year term for installment payments)
- Renews
- On record
- Vendor
- Loop Capital Markets LLC
- Agency
- ISU Laboratory Schools
- Source document
- Illinois State University Resolution Authorization to Issue Certificates of Participation Series 2026A 2026-07-24 (Resolution)
Loop Capital Markets LLC's other public contracts
More ISU Laboratory Schools contracts
Questions about this contract
Who was awarded the financial services contract by ISU Laboratory Schools?
Loop Capital Markets LLC was awarded this financial services contract by ISU Laboratory Schools, as recorded on July 24, 2026. The contract value is Not to exceed $68,500,000 aggregate principal amount of 2026A Certificates; sale price not less than 97% of par; true interest cost not to exceed 6.50%.
How much is the Loop Capital Markets LLC contract with ISU Laboratory Schools worth?
The Loop Capital Markets LLC contract with ISU Laboratory Schools is valued at Not to exceed $68,500,000 aggregate principal amount of 2026A Certificates; sale price not less than 97% of par; true interest cost not to exceed 6.50%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Illinois State University Resolution Authorization to Issue Certificates of Participation Series 2026A 2026-07-24 (Resolution), dated July 24, 2026 from ISU Laboratory Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Loop Capital Markets LLC hold?
Loop Capital Markets 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.
What is ISU Laboratory Schools currently buying?
Explore ISU Laboratory Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.