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Stern Hires Three, Continues Expansion July 21, 2010 - Stern Brothers & Co. has hired Dennis and Andrew Ciocca, who will ultimately start up Northern California and Reno offices, respectively. Adam Pierce has been hired as an associate in Alternative Energy banking and will be working out of the St. Louis headquarters. You can read their bios online by visiting the Our Team page.
June 23, 2010 - Stern Brothers & Co. is pleased to announce the closing of a $107 securitization of nine affordable housing bond issues. The transaction was structured with a $77 million senior tranche of debt securitized under Freddie Mac's Tax-Exempt Bond Securitization ("TEBS") program. Click here to read the press release.
Stern Opens New Offices in Detroit, Seattle June 21, 2010 - St. Louis-based Stern Brothers & Co. last week announced the opening of two new public finance offices — in Detroit and Seattle — as part of the firm’s national expansion. Click here to read the Bond Buyer article.
Issuer, Analyst and Bond Attorney Groups Set to Team Up February 26, 2010 - Stern Brothers & Co.'s Brian Tournier, who co-chairs National Federation of Municipal Analysts disclosure committee, will help assemble a subcommittee for developing best practices documents and other projects. Click here to read the Bond Buyer article.
Firm Hires Four, Continues Growth Plans in 2010 January 4, 2010 - (St. Louis, Mo.) Stern Brothers & Co. has hired four key individuals in several areas within the last two weeks, expanding the healthcare banking area, institutional sales and the St. Louis-based research and analysis team. Click here to read the press release. Click here to read the Bond Buyer article.
Stern Brothers Finance Authority of Maine (FAME) Transaction Is Selected Among Bond Buyer 2009 Deals of the Year November 9, 2009 - (New York, Ny.) The Bond Buyer, the daily newspaper of public finance, has selected a transaction completed by the team of Charlie Forrest and Bill Reisner as one of the 2009 Deals of the Year. The team, along with the issuer, the Finance Authority of Maine, will be honored at a reception on December 1 in New York City. One deal out of several regional winners will be selected as the overall Deal of the Year. Click here to read the Bond Buyer article.
Terrence M. Finn: Housing Finance Agencies Still Facing Variable Rate Debt Woes October 7, 2009 - (San Antonio, Tx.) The market for variable-rate housing bonds is not likely to recover until 2011, even if the Obama administration comes through with plans for $15 billion of liquidity, finance experts told the National Council of State Housing Agencies conference here. Click here to read the Bond Buyer article. .
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