Rochester Public School District Awards $49,120,000 Financial Services Contract to Citigroup Global Markets Inc (April 2022)
Rochester Public School DistrictSchool · Rochester, MN- Disclosed value
- $49,120,000
- From report
- Awarded
- Apr 19, 2022
- Renews
- Free account
The 30-second brief
Rochester Public Schools awarded Citigroup Global Markets Inc. the underwriting and purchase of $49.12 million in General Obligation Facilities Maintenance Bonds, Series 2022A, dated May 12, 2022, to finance health and safety projects in its ten‑year facility plan. The 17‑year bonds carry a true interest cost of about 3.32%, with an underwriter’s discount of $98,240.
Citigroup Global Markets Inc holds this financial services contract with Rochester Public School District. Its other public contracts on record include work for Florence Independent School District and Judson Independent School District.
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Contract details
- Contract type
- Financial Services
- Amount
- $49,120,000
- Document date
- April 19, 2022
- Term
- Dated May 12, 2022; maturities February 1, 2027–February 1, 2039 (17-year term)
- Renews
- On record
- Source document
- rochester-public-school-district-report-2022-04-19_cd9.pdf (Report)
Citigroup Global Markets Inc's other public contracts
More Rochester Public School District contracts
Questions about this contract
Who was awarded the financial services contract by Rochester Public School District?
Citigroup Global Markets Inc was awarded this financial services contract by Rochester Public School District, as recorded on April 19, 2022. The contract value is $49,120,000.
How much is the Citigroup Global Markets Inc contract with Rochester Public School District worth?
The Citigroup Global Markets Inc contract with Rochester Public School District is valued at $49,120,000, 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 rochester-public-school-district-report-2022-04-19_cd9.pdf (Report), dated April 19, 2022 from Rochester Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Citigroup Global Markets Inc hold?
Citigroup Global Markets Inc 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 Rochester Public School District currently buying?
Explore Rochester Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.