TRE 2026 GO RFR

The State Treasurer’s Office (TRE) is seeking responses from firms to serve as Senior Managing Underwriter for the Commonwealth’s 2026 General Obligation New Money and Refunding Bonds. The selected firm will be responsible for providing investment banking and underwriting services, including developing and presenting potential financing structures, assisting in the preparation of legal documentation, and participating in the solicitation of credit ratings. The firm will also be expected to provide investor feedback on pricing, structure, and reverse inquiry, and to assist in the successful marketing and sale of debt obligations to achieve the lowest possible borrowing costs. • The selected firm will be responsible for developing and presenting potential financing structures and a proposed sales calendar for financings. • The firm will assist TRE and bond counsel in the preparation of legal documentation and participate in the TRE’s solicitation of credit ratings. • The firm will provide investor feedback on pricing, structure, and reverse inquiry and assist in the successful marketing and sale of debt obligations to achieve the lowest possible borrowing costs. • The firm will be expected to follow TRE’s debt management policies and procedures and to assist in the post-financing evaluation process. • The firm will be responsible for underwriting bonds, if necessary, for the purpose of enabling an orderly pricing and to meet TRE’s overall pricing goals.