Lines of Business
Stern Brothers fosters long-term client relationships rather than one-time bond transactions. We believe our enviable record of repeat business results from providing clients with comprehensive services, from the earliest stages of a project through planning the next one.
Corporate Finance
The corporate finance platform at Stern Brothers offers underwriting and distribution of corporate bonds, agency securities, preferred stocks and hybrids, and asset backed securities…
Credit Enhancement
Stern Brothers has extensive experience with the full range of credit enhancement vehicles, including letters of credit, insurance company guarantees, municipal bond insurance, surety bond guarantees and government-backed securities, ensuring that our clients are able to secure the lowest cost of capital. Our professionals also have an in depth knowledge of swaps and other derivative produces enabling them to fully achieve our clients’ financing goals and objectives…
Equity Capital Markets
Stern Brothers equity desk is an unconflicted agency only trading platform consisting of highly experienced professionals with specialists in both single stock and global basket executions…
Project Finance
The Stern Brothers’ Investment Bankers provide long-term financing solutions to corporations, municipalities, private companies and non-profit organizations located through the Country regarding infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of the borrower…
Remarketing
Stern Brothers currently serves as remarketing agent for almost $4.5 billion of short term, variable-rate taxable and tax-exempt bonds and notes for projects throughout the United States, and is ranked ninth nationally based upon the number of transactions remarketed. During the past three years, the Firm’s remarketing portfolio has grown by more than $1 billion. The Firm has been underwriting and remarketing VRDNs since 1991 and has developed a reputation within the VRDN market for creating efficient, cost-effective and seamless transactions…
Sales & Trading
The Stern Brothers’ sales team consist of proven professionals with established buy-side client relationships, which allows Stern Brothers to leverage off its long-term commitment to public finance and provides insight into the prevailing buying / trading market trends…
Underwriting
Stern Brothers has raised billions of dollars to finance our clients’ projects by acting as the underwriter for their bond and debt offerings. In recommending the method for structuring and selling bonds, we are focused solely on identifying the best financing options available for the client. In addition to public offerings, Stern Brothers has the ability to privately place debt in situations where the borrower is unable to issue investment grade rated bonds. Whether through a private placement or a public offering, Stern Brothers bankers have the long-term relationships and market knowledge to achieve the best financing execution for our clients…
Due to limitations placed on all broker dealers by the SEC and MSRB, Stern Brothers is unable to serve as both Financial Advisor and Underwriter on the same transaction.