Public Finance

We provide innovative debt financing solutions to a diverse set of public clients — government agencies, non-profits and other tax-exempt and taxable borrowers — as they fund important capital and infrastructure projects.

For institutional investors

Mesirow launches Defeasance Solutions group, opening a new chapter in firm’s 86-year history

“We are excited to add defeasance services to our robust platform offering,” said Todd Waldrop, Senior Managing Director and head of Mesirow Public Finance. “This effort reflects the collaborative, ‘teams of experts’ approach that differentiates Mesirow Capital Markets by bringing the whole of Mesirow to market to benefit our clients.”

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Our clients are offered...

unbiased service with access to both regional- and sector-based approaches. Regional bankers in six US urban centers support clients’ day-to-day needs and, as needed, sector specialists provide targeted expertise.

Our clients also benefit from differentiated, integrated capabilities from across Mesirow Capital Markets.

Financing expertise

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Advantages

INDEPENDENT

As part of an independent, firm, we remain objective in considering the full universe of available options

EXPERT

Our transaction experience and industry knowledge ensure relevant ideas and insights

EFFICIENT

Monthly average of approximately $1.5 billion in secondary market trading on a national level

CONNECTED

Our long-term relationships with key participants enhance understanding of issuer credits

Access to additional liquidity when you need it most

CAPABILITIES OVERVIEW

Solutions

We work side-by-side with clients to develop creative, tailored debt structuring and financial analysis. Our technical acumen enables us to optimize bond sizing for new projects or refunding and restructuring opportunities.

MUNICIPAL BOND UNDERWRITING

Robust analytics and modeling capabilities for tax-exempt and taxable debt
Emphasis on leveraging the deepest pool of investors across available public and private debt placement alternatives
Focus on lowest cost of capital and greatest flexibility over time

PRIVATE PLACEMENTS

A dual-tracking mindset comparing the approaches of a public offering versus a private placement
Ensuring our clients achieve the most cost-effective borrowing

MUNICIPAL ADVISORY

Holistic support, from the initial planning stages of debt issuance through deal execution
Technical support and industry insight on market best practices

DEFEASANCE