University of Minnesota Board of Regents | State of Minnesota Awards Financial Services Contract to BARCLAYS (March 2022)
- Disclosed value
- Up to $500,000,000 (bond issuance size; underwriting compensation not stated)
- From agendapacket
- Approved
- Mar 31, 2022
The 30-second brief
The University of Minnesota Board of Regents approved an amended resolution appointing Barclays as lead underwriter for up to $500 million in taxable bonds, including a possible century bond and shorter-term bullet bonds. The action adjusts interest rate parameters and permitted uses of proceeds to increase flexibility under volatile market conditions.
BARCLAYS holds this financial services contract with University of Minnesota Board of Regents | State of Minnesota. Its other public contracts on record include work for New Mexico State Board of Finance | State of New Mexico and Los Angeles County Sanitation Districts.
Term as filed: Bonds to mature not later than 101 years after issuance; some or all may be shorter-term interest-only “bullet” bonds (e.g., 10, 30, or 40 years).
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $500,000,000 (bond issuance size; underwriting compensation not stated)
- Document date
- March 31, 2022
- Term
- Bonds to mature not later than 101 years after issuance; some or all may be shorter-term interest-only “bullet” bonds (e.g., 10, 30, or 40 years)
- Vendor
- BARCLAYS
- Source document
- University of Minnesota Board of Regents Special Meeting Agenda Packet March 2022 (AgendaPacket)
BARCLAYS's other public contracts
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Questions about this contract
Who was awarded the financial services contract by University of Minnesota Board of Regents | State of Minnesota?
BARCLAYS was awarded this financial services contract by University of Minnesota Board of Regents | State of Minnesota, as recorded on March 31, 2022. The contract value is Up to $500,000,000 (bond issuance size; underwriting compensation not stated).
How much is the BARCLAYS contract with University of Minnesota Board of Regents | State of Minnesota worth?
The BARCLAYS contract with University of Minnesota Board of Regents | State of Minnesota is valued at Up to $500,000,000 (bond issuance size; underwriting compensation not stated), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in University of Minnesota Board of Regents Special Meeting Agenda Packet March 2022 (AgendaPacket), dated March 31, 2022 from University of Minnesota Board of Regents | State of Minnesota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does BARCLAYS hold?
BARCLAYS 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 University of Minnesota Board of Regents | State of Minnesota currently buying?
Explore University of Minnesota Board of Regents | State of Minnesota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.