District Recommends Stifel Underwriting for Bond Issue
South Pasadena UnifiedSchool · South Pasadena, CA- Disclosed value
- Not to exceed $46,000,000 aggregate principal amount of bonds; maximum underwriter's discount 0.50%
- From agenda
- Document date
- Nov 10, 2026
- Renews
- Free account
The 30-second brief
South Pasadena Unified School District is recommending authorization of a negotiated bond sale to Stifel, Nicolaus & Company, Incorporated. The first Measure SP bond series would have a principal amount not exceeding $46 million and is expected to be issued around February 1, 2027.
Stifel Nicolaus & Company Incorporated holds this financial services contract with South Pasadena Unified. Its other public contracts on record include work for California Enterprise Development Authority and City of El Mirage.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $46,000,000 aggregate principal amount of bonds; maximum underwriter's discount 0.50%
- Document date
- November 10, 2026
- Term
- Expected bond issuance on or around February 1, 2027
- Renews
- On record
- Agency
- South Pasadena Unified
- Source document
- South Pasadena Unified School District Agenda Regular Board Meeting Agenda 2026-11-10 (Agenda)
Stifel Nicolaus & Company Incorporated's other public contracts
More South Pasadena Unified contracts
Questions about this contract
Who was awarded the financial services contract by South Pasadena Unified?
Stifel Nicolaus & Company Incorporated was awarded this financial services contract by South Pasadena Unified, as recorded on November 10, 2026. The contract value is Not to exceed $46,000,000 aggregate principal amount of bonds; maximum underwriter's discount 0.50%.
How much is the Stifel Nicolaus & Company Incorporated contract with South Pasadena Unified worth?
The Stifel Nicolaus & Company Incorporated contract with South Pasadena Unified is valued at Not to exceed $46,000,000 aggregate principal amount of bonds; maximum underwriter's discount 0.50%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in South Pasadena Unified School District Agenda Regular Board Meeting Agenda 2026-11-10 (Agenda), dated November 10, 2026 from South Pasadena Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Stifel Nicolaus & Company Incorporated hold?
Stifel Nicolaus & Company Incorporated 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 South Pasadena Unified currently buying?
Explore South Pasadena Unified's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
