BofA Securities Recommended for $76.7M Bond Issue
Little Rock School DistrictSchool · Little Rock, AR- Disclosed value
- $76,730,000 (par amount of bonds); District nets $75,447,843.63 in construction funds
- From report
- Document date
- Oct 15, 2025
- Renews
- Free account
The 30-second brief
Stephens Inc. reports that BofA Securities submitted the best bid for the Little Rock School District’s $76.73 million Construction Bonds, Series 2025, with a 4.230673% interest rate. The Board is recommended to accept this bid, which will net approximately $75.45 million in construction funds for projects through a bond issue maturing in 2052.
Bofa Securities holds this financial services contract with Little Rock School District. Its other public contracts on record include work for City of Auburn Hills and Decatur Independent School District.
The renewal date is on record. A free account shows it, with the renewals for every Little Rock School District contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $76,730,000 (par amount of bonds); District nets $75,447,843.63 in construction funds
- Document date
- October 15, 2025
- Term
- Dated November 18, 2025; final maturity February 1, 2052
- Renews
- Free account
- Vendor
- Bofa Securities
- Source document
- Little Rock School District Financial Report Construction Bonds Series 2025 2025-10-15 (Report)
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Questions about this contract
Who was awarded the financial services contract by Little Rock School District?
Bofa Securities was awarded this financial services contract by Little Rock School District, as recorded on October 15, 2025. The contract value is $76,730,000 (par amount of bonds); District nets $75,447,843.63 in construction funds.
How much is the Bofa Securities contract with Little Rock School District worth?
The Bofa Securities contract with Little Rock School District is valued at $76,730,000 (par amount of bonds); District nets $75,447,843.63 in construction funds, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in Little Rock School District Financial Report Construction Bonds Series 2025 2025-10-15 (Report), dated October 15, 2025 from Little Rock School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bofa Securities hold?
Bofa Securities 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 Little Rock School District currently buying?
Explore Little Rock School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.