Series 53: Financial Advisor

Taken from our Series 53 Online Guide

Financial Advisor

In general, the role of the financial advisor is to:

  • Review the financial feasibility of the project and assess the issuer’s sources of revenue
  • Assess the issuer’s ability to stay under the debt ceiling
  • Recommend a financing structure and maturity schedule
  • Recommend a call schedule for the bonds and the timing of their sale
  • Assess the bond’s impact on the community’s credit rating
  • Prepare an official statement for distribution to potential un

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