Siebert Cisneros Shank remains one of the top underwriters for negotiated water and sewer bonds having served as senior manager for many of the largest systems in the country. Over the past 5 years, SCS has participated as a managing underwriter on water and sewer revenue bond financings totaling nearly $54 billion, of which more than $6.5 billion were as senior manager. The firm ranked 7th as a senior-manager of Water and Sewer in 2017 and 3rd as senior and co-manager combined.
Water and sewer utilities are consistently presented with significant challenges that require them to manage their long-term policies and financial plans. The nature of the sector remains highly capital intensive due to a range of factors including changes to environmental regulations, combined sewer overflow, ongoing drought conditions and aging infrastructure. Our firm’s commitment to this sector is exemplified by our efforts to develop innovative ways to address the constantly changing dynamics within the public utility sector.