San Antonio, Texas
The Texas public finance operation provides services to states, cities, towns, counties, special districts (non-profits such as hospitals, nursing homes, housing, adult care facilities and special facilities), school districts, and housing and infrastructure developers, among others.
We provide financial expertise in capital planning, budgeting and debt management. Our industry expertise and long term relationships bridge the lines of communication between issuers and the investment community. We promptly respond to and help clients understand current interest rates, bond market conditions and trends, and changes in federal and state laws and regulations that affect your bonds and future borrowing plans.
- Underwriting Services
- Preparing Bond Issuance Documents
- Marketing the Bonds
- Successful Closing
HSE provides a full range of services as financial advisors or underwriters. The planning process begins with a review of a municipality’s finances, existing indebtedness, previous borrowing practices, budgets and capital improvement plans. HSE identifies policy alternatives, assists in developing operating and capital budgets and formulates alternative debt structures and financing techniques.
It is important to assess foreseeable project risks before structuring financing. HSE helps develop options which permit your municipality to make informed decisions.
Housing (for non-profit and for profit entities)
- Provide alternative financing structure, i.e. Credit Enhancement, on private placements
- Coordinate tax-exempt volume cap applications
- Coordinate activities for tax-credit applications
- Coordinate activities to receive approval from the various local and state agencies
- Market Bonds
- Attend to closing details
HSE provides the same applicable services for health care as with housing.
On behalf of municipalities and developers, HSE structures infrastructure financing for water, wastewater, solid waste, streets, lighting, etc.
HSE assists schools with referendums, helps them secure bond insurance, markets bonds, and attends to closing details.
State and Federal Programs
HSE will assist issuers and other eligible entities obtain funding through various state and federal programs. Programs may provide lower interest rates, grants, matching funds or other assistance.
HSE will monitor issuers’ outstanding debt to provide information or advice on refunding (refinancing) opportunities.
Preparing Bond Issuance Documents
HSE will help prepare and distribute your official statements and other documentation needed to ensure that the sale of bonds complies with industry practices, laws and regulations. We work with bond counsel, construction professionals and auditors to safeguard your investment. HSE’s experience in financing public development projects lends significant value in problem solving, recognizing inconsistencies and negotiating better pricing, thereby saving your community time and money.
Marketing the Bonds
HSE aggressively markets your bond issue to achieve the lowest cost of financing. Our daily participation in the national bond markets assures you the most competitive rates.
Document preparation for bonds involves many parties and takes time to develop and coordinate. We prepare the necessary documents for all of our clients’ transactions. We add value during this phase by liaising with our clients and their counsel to ensure that bond documents are accurate, sufficient, and filed in a timely manner.
For more information about any of our services please contact one of our Texas Public Finance Representatives.
- Patricia Rodriguez
- Yvonne Bustamante
Patricia Rodriguez joined HSE as a Vice President in 2016. She has over 15 years of experience in government banking and public finance. Ms. Rodriguez began her career in Texas state government where she worked as a Legislative Aide for a member of the Texas House of Representatives and also the Lieutenant Governor of Texas. Upon leaving the public sector she worked for Southwestern Capital Markets, Inc. and then opened a public finance office in San Antonio, Texas for Banc One Capital Markets. After Banc One was acquired by JP Morgan she worked as an investment banker and then a government banker in their Dallas office. She returned to San Antonio in 2007 as a Vice President with Wells Fargo Bank to start their Government and Education Banking department in Texas. Since 2011, she has worked as a political consultant and also as a Political Director for a national non-profit.
Ms. Rodriguez has a B.A. in Political Science from Southern Methodist University and a Master of Public Affairs from the LBJ School of Public Affairs at the University of Texas at Austin. She is very involved in the San Antonio community and serves as a Trustee for the VIA Metropolitan Transit Agency and as a member of the City of San Antonio’s Charter Review Commission.
Yvonne Bustamante is an Administrative Assistant in HSE’s Houston office. She joined HSE in our Houston office in 2009. She works closely with Mark Nitcholas on handling the day to day needs of our Texas clients. She has worked in the municipal bond industry since 2005. Prior to that, Yvonne worked for the Houston Chronicle’s Finance Department.
Recent Deals / Texas
$2,690,000 — Bee County, Texas
$2,000,000 — Montgomery County Municipal Utility District No. 139 (Montgomery County, Texas)
$1,690,000 — Harris County Municipal Utility District No. 416 (Harris County, Texas)
$1,920,000 — Brazoria County Municipal Utility District No. 32 (Brazoria County, Texas)
$263,945,000 — Cypress-Fairbanks Independent School District (Harris County, Texas)