New York State Contract Reporter #HCR-RFQ-260827US

RFQ for Underwriter Services for Bond Issuance by NYS Homes & Community Renewal

This opportunity seeks qualified financial firms to provide underwriting services for bond issuances by New York State Homes & Community Renewal and its affiliated agencies. - Government Buyer: - New York State Homes & Community Renewal (HCR) - Agencies: Housing Finance Agency (HFA), State of New York Mortgage Agency (SONYMA), Municipal Bond Bank Agency (MBBA), Tobacco Settlement Financing Corporation (TSFC) - OEMs and Vendors: - No physical product OEMs; major financial institutions previously engaged include Barclays Capital Inc., BofA Securities Inc., Citigroup Global Markets Inc., Jefferies LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc., RBC Capital Markets LLC, UBS Financial Services, Inc., Wells Fargo Bank N.A. - Services Requested: - Senior Managing Underwriter Services: structuring and pricing bonds, marketing, investor outreach, managing order book and allocations, executing bond transactions, post-closing analysis, secondary market support, strategic advisory - Co-Managing Underwriter Services: assisting in marketing and distribution, committing capital, secondary market support - Selling Group Member Services: distributing bonds to investors without underwriting risk - Notable Requirements: - Firms must be registered with SEC, FINRA, and/or MSRB - Physical office in New York required - 6% Service-Disabled Veteran-Owned Business (SDVOB) participation goal - 30% Minority/Women Business Enterprise (MWBE) participation goal - Annual recertification for panel membership - Contract Term: - Three years, with two optional one-year renewals

Description

The New York State Homes & Community Renewal, NYS Department of, is issuing a Request for Qualifications (RFQ) to solicit proposals from qualified firms registered with the SEC, FINRA, and/or MSRB. The purpose is to establish Prequalified Panels of Senior Managing Underwriters and Co-Managing Underwriters, as well as a list of Selling Group Members, to support the sale and issuance of the Agencies' bonds. The scope includes bond structuring, pricing, marketing, investor outreach, underwriting process management, and other related services. The contract term is three years, and proposals are due by September 28, 2026.

View original listing