CONTRACTAPPROVED

Division of Administration | State of New Jersey Awards Financial Services Contract to Loop Capital Markets LLC (April 2022)

Division of Administration | State of New Jersey logoDivision of Administration | State of New Jersey
Disclosed value
Not to exceed $350,000,000 in bond principal
From minutes
Approved
Apr 26, 2022

The 30-second brief

What it covers

The Authority approved Loop Capital Markets, LLC as a co-senior manager for Princeton University's 2022 Series A bond sale. The firm will participate in the negotiated underwriting of up to $350 million in revenue bonds.

Who holds it

Loop Capital Markets LLC holds this financial services contract with Division of Administration | State of New Jersey. Its other public contracts on record include work for PA-State-Turnpike Commission and City of Maize.

What happens next

Term as filed: For the 2022 Series A bond sale; closing tentatively scheduled for May 2022.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $350,000,000 in bond principal
Document date
April 26, 2022
Term
For the 2022 Series A bond sale; closing tentatively scheduled for May 2022
Source document
New Jersey Educational Facilities Authority Minutes April 26, 2022 (Minutes)

Loop Capital Markets LLC's other public contracts

More Division of Administration | State of New Jersey contracts

Questions about this contract

Who was awarded the financial services contract by Division of Administration | State of New Jersey?

Loop Capital Markets LLC was awarded this financial services contract by Division of Administration | State of New Jersey, as recorded on April 26, 2022. The contract value is Not to exceed $350,000,000 in bond principal.

How much is the Loop Capital Markets LLC contract with Division of Administration | State of New Jersey worth?

The Loop Capital Markets LLC contract with Division of Administration | State of New Jersey is valued at Not to exceed $350,000,000 in bond principal, 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 New Jersey Educational Facilities Authority Minutes April 26, 2022 (Minutes), dated April 26, 2022 from Division of Administration | State of New Jersey. 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 Division of Administration | State of New Jersey currently buying?

Explore Division of Administration | State of New Jersey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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