Leading Financial Advisor Over the past ten years, PRAG has been one of the leading financial advisors in the country having advised issuers on over approximately $540 billion of financings since our inception. This amount includes general obligation bonds, revenue bonds, refundings, certificates of participation, commercial paper, revenue and tax anticipation notes, bond anticipation notes, capital appreciation bonds, variable rate debt, asset-backed securities, tax increment financings, leases and leasebacks, Eurodollar offerings and samurai bonds, as well as taxable municipal securities and derivative products. National Presence PRAG is headquartered in New York City, with offices in Los Angeles, Philadelphia, St. Petersburg, Oakland, and Boston, with a clientele that spans the country. The firm advises some of the largest issuers of tax-exempt securities in the nation, including the State of California and the City of New York. As a result, PRAG is aware of debt management developments throughout the nation, which places our firm on the leading edge of public finance and gives us in-depth experience with all types of financial structures. As a result, our firm is able to offer objective, comprehensive, and timely cost-effective advice when products and new ideas are presented to clients. Quality of Advice While the firm’s success is reflected in its rankings, it is ultimately based on the quality of service provided. This quality results from our knowledge of the markets, our analytic capabilities and our credit experience as well as the involvement of senior personnel in each engagement. Ongoing Financial Advice We pride ourselves on the number of states, counties, cities and their public authorities that we serve as on-going general financial advisor on a long-term basis. PRAG has built its reputation, in part, on long-term financial advisory relationships rather than individual transactions. This approach permits the firm to provide comprehensive services in the areas of financial planning, debt management, credit analysis, debt structuring and completing financings in the most cost-effective manner. In addition, as a Registered Investment Adviser in the states of California, Florida, New York and Pennsylvania, we are able to integrate our investment advisory knowledge and experience with our general financial advisory services to provide optimal financing solutions to our clients. Value-Added, Trusted Advice With the savings produced through our analytical skills, knowledge of credit and advice on pricing, our services pay for themselves many times over. Most importantly, clients are assured that their financial objectives are accomplished at a minimal degree of risk and that their interests are always protected. |
