Public Finance

Providing innovative debt financing solutions to fund capital and infrastructure projects of government agencies, non-profits and other tax-exempt borrowers.

Our Story

With over 30 years of experience in public finance, Mesirow Financial has a longstanding tradition of providing unbiased professional service to a diverse group of public sector clients. We utilize a regional and sector-specialized approach when working with you.

Our regional bankers, located in four major cities across the United States, maintain the day-to-day relationships with our clients and coordinate their specific financial needs. When appropriate, sector specialists are brought in to provide in-depth expertise on a range of sectors.

Services We Offer

We work hard to understand your unique requirements and resources to develop efficient, forward-thinking financing solutions.

Sectors We Cover

In-depth expertise on a range of sectors including general government, utilities, transportation, education, non-profit and capital markets.

Recent Transactions

A proven track record of servicing successful plans for our clients.

Our Approach

Learn more about why our Public Finance team is the right partner for you.

Meet Our Team

When you work with one of our Public Finance professionals, you gain a trusted advisor and partner focused on providing you with the highest level of service and execution. Our bankers demonstrate strong market knowledge with a dedicated regional focus, backed by deep sector-specific expertise.

Featured Transaction

Mesirow Financial served as senior managing underwriter for the $235,260,000 Second Lien Water Revenue Refunding Bonds, Series 2017-2 on behalf of the City of Chicago (the “City”). The Series 2017-2 Bonds were issued to advance refund $261.33 million of the Second Lien Water Revenue Bonds, Series 2008. The City originally scheduled the advance refunding transaction for the second quarter of 2018, but due to pending tax code changes, accelerated the transaction to a pricing date in mid-December of 2017. Mesirow Financial worked with the City’s staff and advisors to evaluate several structures and call options designed to maximize savings in key years and to provide flexibility in the City’s financial planning. In addition, Mesirow Financial assisted the City with an investor roadshow which was viewed by more than 45 institutional investors. Despite 45 transactions in excess of $100 million pricing the same week, Mesirow Financial’s exceptional sales efforts garnered an overwhelming response from the investor community. During final pricing, credit spreads were tightened by an average of 17 basis points from pre-marketing levels. The City realized approximately $46 million in gross savings ($37 million on a present value basis or 14.4% of refunded par). This transaction gave further evidence of Mesirow Financial’s banking and underwriting capabilities in the municipal market.

News and Views

Mesirow Financial Works with the City of Hutto, Texas to Turn a Liability into an Asset

Mesirow Financial served as senior managing underwriter to the City of Hutto in the City’s acquisition of a private water company.  

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Mesirow Financial Hires New England Banker Team to Join Its Public Finance Group

Mesirow Financial announced today that is has continued its strategic expansion of its Public Finance group by hiring well-known New England banker team.

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Mesirow Financial Expands Its Public Finance Group with Three New Hires

Mesirow Financial is expanding its Public Finance group with the hiring of three new team members.

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Contact Us

Have questions or need more information? Contact us directly at 312.595.6242 or send us a message.

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