Woman and Minority-Owned Investment Firm Leads Underwriting
SWS was honored to serve as lead underwriter, the first minority-owned underwriter selected as lead by the district, for Arlington Independent School District’s recent transaction
For the first time, Arlington ISD selected a minority-owned underwriter as the lead. Siebert Williams Shank, the top-ranked woman and minority owned investment banking firm in the nation, had served as an underwriter for the district before, but not as the lead.
“We are pleased with our decision to hire Siebert Williams Shank as lead manager, not only because it affirms our commitment to diversity and inclusion, but Siebert Williams Shank demonstrated an impeccable ability to market and sell the district’s bonds to achieve historically low interest rates on behalf of the Arlington ISD taxpayers,” Moss said.
Since its inception in 1996, Siebert Williams Shank has managed over $1.4 trillion of municipal bonds and has earned national recognition for its extensive senior and co-managed municipal bond underwriting experience and expertise. In the last five years, the firm has participated in over 2,000 municipal financings, leading over 200 of those for about $30 billion.