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Item 23 - Pension Debt Refinancing Update and Underwriter Selection
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Item 23 - Pension Debt Refinancing Update and Underwriter Selection
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4/9/2024 4:32:45 PM
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City Clerk
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Agenda Packet
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Clerk of the Council
Item #
23
Date
5/18/2021
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STIFEL <br />Betsy Kiehn Betsy Kiehn joined Stone & Youngberg (now Stifel) in 2004. She directs the pricing and <br />Head of Municipal Institutional marketing of tax-exempt and taxable municipal issues underwritten by Stifel making <br />Sales, Trading & Underwriting commitments on nearly 200 new issues totaling more than $5 billion each year. In addition, Ms. <br />Role: Co -Lead Underwriter Kiehn manages Stifel's short-term underwriting and variable rate remarketing efforts — a book <br />San Francisco CA of 75 issues totaling $1.3 billion. <br />(415) 364-2791 <br />bkiehn@stifel.com <br />BS — University of Vermont <br />Benjamin Stern <br />Ben Stern directed all underwriting at one of Stifel's predecessor firm, De La Rosa & Co. He has <br />Managing Director <br />28 years of municipal experience and directs the pricing and marketing of tax-exempt and <br />Role: Co -Lead Underwriter <br />taxable municipal issues underwritten by Stifel from our Los Angeles municipal syndicate desk. <br />Los Angeles, CA <br />Ben has underwritten more than $235 billion of municipal financings over the course of his <br />(213) 443-5225 <br />career. Ben has lead all of the firm's successful POB underwritings in California over the past <br />bstern@stifel.com <br />few years. <br />BA & MBA— University of California, Los Angeles <br />Marcus Peters Marcus Peters joined Stifel in early 2017 with over 5 years of experience in the industry. His <br />Vice President previous experience includes being a municipal credit analyst supporting an $80 billion <br />Role: Co -Lead Underwriter municipal bond portfolio as well as a bond insurance underwriter and credit analyst. <br />San Francisco CA <br />(415) 364-6842 <br />petersm@stifel.com BA— University of California, Irvine; MBA— Carnegie Mellon University <br />City of Santa Ana I Proposal to Provide Underwriting Services Appendix C <br />
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