Pensions
Stifel’s Pension Obligation Bond Group (POB)
Pension Liability Management Expertise
Stifel’s Public Finance Banking team includes a dedicated group of seasoned professionals who provide in-depth analysis and strategic recommendations on pension liability management for issuers nationwide. In addition to senior-managing financings for cities, counties, and states across the country, our team offers insights into the structural, policy, regulatory, and market dynamics that influence pension and OPEB (Other Post-Employment Benefits) finances.
Stifel Municipal Bond Calendar
| Anticipated Pricing Date | Type of Financing | State | Issuer | Issue | Anticipated Par | Rating (s) Moodys, S&P, Fitch | Federal Taxes | State Taxes | Preliminary Official Statement |
|---|---|---|---|---|---|---|---|---|---|
| Updates will be shared when available. Click here to see our full calendar. | |||||||||
Sample of Recent Transactions
Dollar volume represents full credit to each underwriter. All transaction announcements appear as a matter of record only. Stifel collectively refers to Stifel, Nicolaus & Company, Incorporated and other affiliated broker-dealer subsidiaries of Stifel Financial Corp.
Recognized Leader
Largest
Stifel is the #1 pension obligation bond (POB) underwriter – by par amount and number of transactions, financing over $4.1 billion for 59 issues since 2020.
Experienced
More than one of every four pension obligation bond (POB) deals1 in the United States is priced by Stifel
Innovative
Stifel helped codify best practices and drive innovation for pensions in Arizona, West Virginia and California
1 Source: LSEG, as of 8/2025
Team
Omar Daghestani
Managing Director
Chicago
Grant Hamill
Managing Director
Phoenix
Mark Reader
Managing Director
Phoenix
Jeremy Newtson
Managing Director
Chicago
Claude Lockhart
Director
Chicago
Jack Leeper
Director
Phoenix
