The majority of the services (all of which will be on an as requested basis) expected to be provided by the Vendor(s) will be related to financial advisory services for UNC’s bonds and will include, but are not limited to: • Advising on market conditions, interest rate forecasts, and the market trends for bonds and capital leases, including but not limited to, new money bond issues, refunding bond issues, new products, investor preferences, and performing analyses related to such matters. • Making recommendations on the structuring of bond issues, including the use and amount of fixed rate debt, serial and term bonds, utilizing serial or term bond maturity schedules, and other structuring options in order to achieve the lowest interest rates. • Making recommendations regarding the timing of the financing to ensure alignment with construction project cash flow requirements to minimize the cost of indebtedness. • Advising on the use of negotiated sale of bonds or private placement when market or other conditions might favor one of those methods of sale rather than a competitive bid sale method. • Participating in the preparation of Board of Governors materials for approval of applicable agenda items. • Participating in the preparation and review of material for the Preliminary and Final Official Statements, other offering documents, and closing documents. • Advising on rating agency matters and assisting in preparation of rating agency presentation materials. Prepare rating agency pro forma analysis for prospective financings and advise UNC on potential ramifications to changes of credit ratings...
