Municipal Financial Advisory Services

 

Our Services

Rockfleet's value added as a financial advisor centers around its relationships with institutional investors, financial advisors, attorneys, other broker/dealers, industry groups and regulators to keep abreast of market trends.


As Rockfleet participates in syndicates for both taxable and tax-exempt negotiated and competitive transactions in addition to providing municipal advisor services, it is well positioned to provide issuers with input on market factors, syndicate policies, issue price and structure.


Our experience includes both negotiated and competitively bid issuances, both bonds and notes, and both fixed and variable, including the inaugural municipal issuance indexed to the Secured Overnight Financing Rate ("SOFR"), priced September 20, 2018. Additionally, Rockfleet has advised on a remarketing using using the Clarity BidRate Alternative Trading System.


Rockfleet keeps abreast of current market conditions, structuring strategies, underwriter take-down trends, etc.


For competitive transactions, we can advise on the plan of finance, including structuring, credit enhancement, credit ratings, timing, etc. We can coordinate all matters related to the transaction.


For negotiated transactions, we collaborate with the financing team, including the managing underwriter. We can assist in negotiating terms, including pricing and underwriters' takedown, as well as independently confirm the senior manager's cash flows and other reports.


Rockfleet has provided financial advisory services to several large issuers, such as the Dormitory Authority of the State of New York, Empire State Development, Metropolitan Transit Autority, Transbay Joint Powers Authority, and the Triborough Bridge and Tunnel Authority.