CONTRACTPENDING

Herbert Sims Leads $150 Million Senior Living Bond

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
$150,000,000
From report
Document date
Nov 8, 2026
Term
35 years
Renews
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The 30-second brief

What it covers

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.

Who holds it

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

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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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