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RAMIRL4
<br />sale Date
<br />rd<L•
<br />uer1
<br />Chula
<br />I .
<br />.ol
<br />I
<br />Pare
<br />r
<br />[all Date'.
<br />,
<br />Rating
<br />.0
<br />Year Par
<br />Yield U$T Spread
<br />P,v Yield UST Spread
<br />P,r
<br />Y,ld
<br />UST
<br />Spread
<br />Par
<br />Veld UST $prCod'.
<br />2022 -
<br />0 2911, 2-Yr 0 IS%
<br />57695 n 291°r. 1-Vr o 15%
<br />56,5n5
<br />0.151%
<br />1-vr
<br />O 04%
<br />2023
<br />019% )yr 01$%
<br />51n,1)0 019% )yr 01$%
<br />5A,74:
<br />0.)41%
<br />)yr
<br />013%
<br />11V
<br />Olt 7ti )yr 010%'.
<br />2024
<br />UAN. 3vr 0.30'A
<br />$ll,li'� U.J310 3Vr 0.30A
<br />$y UUi
<br />U41JA
<br />Syr
<br />0.24A
<br />ti36N
<br />U46/'b 3VI 0.30A
<br />)0)S
<br />L0501e 5m 0.25r%'.
<br />511.225 0.974% 5 , 3.25%'.
<br />$9215
<br />0.660%
<br />SvI
<br />13.20%
<br />SA 220
<br />0772d 5 030%'
<br />212b
<br />130n% 3 r 0.50%
<br />$11.220 1.224% 5 yr 0.50%
<br />$9 a7S
<br />OA40%
<br />S vr
<br />0A9%
<br />S4 25n
<br />n.972'a 5 r 0.50%'.
<br />)O)7 -
<br />1 6RRa:. 7-yr n.asN.
<br />$11470 1 AR7a:: 7-yr A45V.
<br />$n7I9
<br />116AW.
<br />7-yr
<br />036V.
<br />}A )911
<br />IA7a, 7-vr n.559..
<br />202E -
<br />_S6Sl, /-vr 065%
<br />$11,bhu 1/SC+: /-Vr 065%
<br />$`U.U3U
<br />1314Sf
<br />/-vr
<br />13.61%
<br />$a 34U
<br />1.3h W6 I -VI 0.75%
<br />2029 -
<br />).17(11 1(1-vr 0.60%
<br />511 A60 ) 070', 10-, ob0%
<br />1510,17i
<br />1 6)8%
<br />10-v,
<br />OA9%
<br />,`,440n
<br />175(tw, 1(l-yr 0.60%'
<br />Luau
<br />2.320% 10 yr 0.75%
<br />512,105 2.220% 10 yr 0.75%
<br />5-0,735
<br />1.728%
<br />10 V
<br />0.5956
<br />$44Gn
<br />-.8SX, 10 yr 0.70%'.
<br />Ati1 -
<br />2.37096 10-vr 0.80%'.
<br />$12,375 2.270-6 10-yr 0.80%
<br />511,125
<br />1 QM
<br />10-vr
<br />0.69%
<br />SA 530
<br />1950% 10-vr 0.8091.'.
<br />2032 -
<br />2.31U%. 1U-yr 100%
<br />$13,bb I43uh: 1U-vr 3.98%....$1189U
<br />1.936%
<br />lU-vr
<br />om%
<br />S4,6D]
<br />2D50ffi lU-Vr OAD%'.
<br />2033 -
<br />).6J03'. In-, 110%'512,965
<br />)_SSO'a 10-yr 111E%'511,110
<br />1n48%
<br />10-vr
<br />091%
<br />$46 99
<br />216(tYn I(l-yr IDO%
<br />2034
<br />2.//0% 10 yr 1.20%'$13,29:.
<br />2.6:A% 10 yr 1.18%
<br />�e:r,100
<br />2.138A
<br />10 yr
<br />1.0056
<br />j4690
<br />2.2AA 10 Vr 2.10%'
<br />)O15 -
<br />2.6713% 1U-vr 1.30%'.$13,b5U
<br />27513% lU-Vr 1.2E%'.$15.950
<br />-1296%
<br />lU-vr
<br />1.16%
<br />515.015
<br />2.350% 10-Vr 1.20%'
<br />)09G -
<br />2D20% 10-m 1.35%
<br />514.025 2.820% 10-vI 1.35%
<br />$16530
<br />2398%
<br />10-w
<br />L26%
<br />)O17
<br />,17, 1n0
<br />2/RA%
<br />in-vr
<br />Las%
<br />'.
<br />2040
<br />$39,443 i. U131i 3U-vr 035%•'.
<br />SiO,bUb
<br />2845;n 3U-11 0.90%'
<br />2041 -
<br />1.161%In-vr 0.85%
<br />,76.`D),
<br />L/G]%/L bObb4
<br />In-w U./S%•/U.GS%
<br />2044
<br />549,4G5 3.115-b 30 yr 0.85%'
<br />52,.1G0
<br />2.995% 30 yr 1.05%
<br />)64S
<br />5£0.365 2£US%/2
<br />OUV
<br />3U-vr 0.85%•/u.95%I
<br />Lu4b -
<br />i2bk, 30-yr 0.95%
<br />Dollar amounts In thosands.
<br />•lnsurcd matunt rs
<br />Marketing Strategy. Ramirez & Co.'s lead underwriter
<br />Patty McGrorry, lead underwriter on 26% of all
<br />California City POBs since 2017, and lead underwriter
<br />for the City's last two financings (2019 Gas Tax
<br />Refunding Bonds and 2018 Tax Allocation Refunding
<br />Bonds), will lead our marketing ettort. Our Six -Step
<br />Marketing Process is designed to maximize demand for
<br />Santa Ana POBs_
<br />I'rr,-1 „u,1nr (, Cr,,dit ,ind P;fr,u lrlriny,: Due to our work
<br />on the City's last two transactions, we know how to tell
<br />the Santa Ana story in a way that, thus far, has earned
<br />two "AA"" category ratings. Our rating presentation,
<br />POS and Investor Roadshow will highlight the strength
<br />of the City's management team by 1) detailing the
<br />response to COVID-19, 2) conservative budgeting S.Aggressive Scale and Willingness to Underwrite
<br />process which has produced better than anticipated unsold ilonds:
<br />results for the last two years and 3) create a narrative S. Complete Transparency to the City and UFI:
<br />of economic growth. We will, once again, reframe the
<br />City's outlook as one of robust growth and economic expansion
<br />Avwhrx Since 2017, Ramirez & Co. has been a leader in the POB market and responsible for
<br />expanding the depth of California POB investors. We continuously monitor all POB investors in the
<br />primary and secondary markets. Today's 15 most active buyers of California City POBs are listed below.
<br />Appendix I lists the top 211 buyers of California POBs in the primary and secondary market, a level of
<br />insight and institutional knowledge of California POB investors that Ramirez & Co. brings to the City
<br />City Council
<br />13 23 - 251
<br />5/18/2021
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