Herbert Sims Leads $150 Million Senior Living Bond
- Disclosed value
- $150,000,000
- From report
- Document date
- Nov 8, 2026
- Term
- 35 years
- Renews
- Free account
The 30-second brief
NCMCC plans a bond issue not to exceed $150 million with Herbert J. Sims & Co. Inc. as underwriter/senior manager. Proceeds will refinance debt and fund senior-living capital projects, with final maturity in October 2061.
Herbert J. Sims & Co Inc holds this financial services contract with North Carolina Department of State Treasurer | State of North Carolina. Its other public contracts on record include work for Minnesota Health and Education Facilities Authority | State of Minnesota and The Odyssey Preparatory Academy Inc..
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Contract details
- Contract type
- Financial Services
- Amount
- $150,000,000
- Document date
- November 8, 2026
- Term
- 35 years
- Renews
- On record
- Vendor
- Herbert J. Sims & Co Inc
- Source document
- North Carolina Department of State Treasurer Report LGC Staff Analysis (Report)
Herbert J. Sims & Co Inc's other public contracts
More North Carolina Department of State Treasurer | State of North Carolina contracts
Questions about this contract
Who was awarded the financial services contract by North Carolina Department of State Treasurer | State of North Carolina?
Herbert J. Sims & Co Inc was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on November 8, 2026. The contract value is $150,000,000.
How much is the Herbert J. Sims & Co Inc contract with North Carolina Department of State Treasurer | State of North Carolina worth?
The Herbert J. Sims & Co Inc contract with North Carolina Department of State Treasurer | State of North Carolina is valued at $150,000,000, 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 North Carolina Department of State Treasurer Report LGC Staff Analysis (Report), dated November 8, 2026 from North Carolina Department of State Treasurer | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is North Carolina Department of State Treasurer | State of North Carolina currently buying?
Explore North Carolina Department of State Treasurer | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.