Request for Proposals - Revolving Credit Facility and Alterative Funding Options
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Request for Proposals - Revolving Credit Facility and Alterative Funding Options
Summary
- Total Loan Amount
- $25,000,000
- Service Type
- Credit Facilities
- Bids Due
- 06/25/2024 at 12:00 PM CT
- Sector
- State / Province
- State
- Wisconsin
- Listing Date
- 06/04/2024
- Deadline for Questions
- 06/13/2024 at 12:00 PM CT
- Award Date
- 07/12/2024
- Contract Start Date
- 09/03/2024
Project Description
The State of Wisconsin (State), acting through the State Department of Administration (DOA), on behalf of U.S. Bank Trust Company, National Association, as Trustee (Trustee), seeks proposals for:
(i) a revolving line of credit or facility (Facility) in the amount of $25 million (as amended) to be used for the funding of originations under the State’s Master Lease Program (Program), and/or
(ii) alternative funding option(s) for the funding of originations and possibly the funding to maturity of leased items under the Program.
The State, on behalf of the Trustee, will accept proposals for (i), (ii), or both. Baker Tilly Municipal Advisors, LLC is assisting the State with this request for proposals (RFP).
Winning Bid
Johnson Bank
Participants
Municipal Advisor
Baker Tilly Municipal Advisors, LLC
