CONTRACTAPPROVED

North Carolina Department of State Treasurer | State of North Carolina Awards Financial Services Contract to Wells Fargo Municipal Capital Strategies LLC (June 2026)

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
$41,580,000 refunded principal
From minutes
Approved
Jun 9, 2026

The 30-second brief

What it covers

The Local Government Commission approved Wells Fargo Municipal Capital Strategies, LLC as purchaser of Elon University's Series 2026A refunding bonds. The bonds will refund $41.58 million of Series 2014B debt and are expected to be tendered in approximately three years.

Who holds it

Wells Fargo Municipal Capital Strategies LLC 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 Escambia County School District and Byrneville Elementary School Inc..

What happens next

Term as filed: Series 2026A issuance; approximately three-year mandatory tender.

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Contract details

Contract type
Financial Services
Amount
$41,580,000 refunded principal
Document date
June 9, 2026
Term
Series 2026A issuance; approximately three-year mandatory tender
Source document
North Carolina Department of State Treasurer Minutes 2026-06-09 (Minutes)

Wells Fargo Municipal Capital Strategies LLC'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?

Wells Fargo Municipal Capital Strategies LLC was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on June 9, 2026. The contract value is $41,580,000 refunded principal.

How much is the Wells Fargo Municipal Capital Strategies LLC contract with North Carolina Department of State Treasurer | State of North Carolina worth?

The Wells Fargo Municipal Capital Strategies LLC contract with North Carolina Department of State Treasurer | State of North Carolina is valued at $41,580,000 refunded principal, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in North Carolina Department of State Treasurer Minutes 2026-06-09 (Minutes), dated June 9, 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 other contracts does Wells Fargo Municipal Capital Strategies LLC hold?

Wells Fargo Municipal Capital Strategies 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 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.

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