Stephens' thorough knowledge of industry techniques and seasoned
management skills enable us to provide strategic solutions for our
clients. We serve in transactions as financial advisor, senior
manager, co-senior manager or co-manager for issuers.
- General Obligation
Our firm's involvement
in the underwriting of tax-backed bond issues dates back to the
1930s. Stephens continues our role today as being a trusted advisor
to many issuers within the region.
- Sales Tax
Beginning in the early 1980s,
Stephens has been active with assisting with the issuance of sales
tax bonds. During this period, we have developed financing for
numerous public projects ranging from utility systems to
With the numerous issues we
have underwritten, Stephens has helped improve utility systems
throughout the South. Our expertise includes water and/or sewer,
electric, gas, telephone, cable television, sanitation and flood
Stephens consistently ranks as
a leading financial advisor to local school districts. Over the
years, our firm has also underwritten numerous issues for two- and
four-year colleges and universities.
Our firm has been involved
with the financing of numerous state and regional healthcare
facilities. Our experience includes issues for single specialty,
general acute care and children's hospitals. Recently, we have
managed transactions for Arkansas Children's Hospital, St. Vincent
Infirmary, Baptist Medical Center, Rebsamen Regional Medical
Center, Saline Memorial Hospital, Conway Regional Medical Center,
Southwest Hospital and the Central Arkansas Radiation Therapy
We presently serve the Arkansas
Development Finance Authority as the senior manager for their
single-family mortgage program. In addition to single-family
experience, we have successfully completed numerous multifamily
housing bond issues.
- Tax Increment Financing
worked in various states on structuring TIF financings. We have
completed transactions secured by incremental revenues, including
financing structured to obtain AAA credit enhancement.