Stephens, A Trusted Leader in Public Finance Investment Banking

Stephens is a regional leader in public finance investment banking. Our focus on integrity and trust has been key to building long-term relationships, many of which span decades.
We have a unique perspective on investing and capital management that enables us to spot opportunities that others miss and avoid the pitfalls of narrow, short-term thinking.

Independence: The Stephens Story

Featured Public Finance Transactions

  • $308.0M
    Memphis Light Gas & Water
    Electric System Revenue Refunding Bonds & Electric, Gas & Water System Revenue Bonds
  • $52.0M
    City of Camden, SC
    Combined Public Utility System Refunding & Improvement Bonds
  • $100.0M
    City of Hot Springs, AR
    Waterworks Revenue Bonds
  • $173.0M
    Fayetteville School District No. 1 of Washington County, AR
    Refunding & Construction Bonds, Series 2020
  • $24.0M
    Sevier County, AR
    (Sevier County Hospital) Sales & Use Tax Bonds, Series 2020
  • $31.0M
    Central Arkansas Water
    Capital Improvement Refunding Water Revenue Bonds (Green Bonds), Series 2020C
See all transactions
  • Q&A Spotlight: Leigh Ann Biernat, CPA and Senior Vice President at Stephens Public Finance

  • Leigh Ann Biernat, CPA and Senior Vice President at Stephens Public Finance, was the lead banker on an $85.81 million issuance of public safety charges revenue bonds for the Arkansas Development Finance Authority (ADFA). Stephens served as principal underwriter driving the complex transaction, which was executed in December and whose bond payments commenced in June. 

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We have a unique perspective on investing and capital management that enables us to spot opportunities that others miss and avoid the pitfalls of narrow, short-term thinking.

Independence: The Stephens Story

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