Presents the 13th Annual CDIAC Pre-Conference to
The Bond Buyer’s 24th Annual California Public Finance Conference:
Alternative Financing in the Municipal Market:
Financial and Policy Considerations
October 8, 2014
Manchester Grand Hyatt
San Diego, CA
Agenda
| Slides
Years ago, the practice of public agencies borrowing directly from commercial banks to finance public purposes, including facilities, was commonplace. Over time, the volume of these transactions as well as the economics of borrowing led to a greater reliance on loans underwritten and distributed by investment banks. Several recent trends, including the decline in liquidity products and other credit supports along with regulatory and tax reforms, have led to the reemergence of bank lending and the entry of other capital providers in the municipal market. This program explores the changing practices of municipal borrowers and lenders and the implications of alternative financing on municipal finance. The program also highlights the confluence of economic, market, and policy trends that may introduce yet unperceived risks that require new forms of analysis and reporting.
Speakers
- Readie Callahan, Vice President, Capital Strategies, Wells Fargo Securities
- Richard A. Ciccarone, President and CEO, Merritt Research Services LLC
- David L. Cohen, Managing Director and Associate General Counsel, SIFMA
- Matthew D. Covington, Managing Director, Conway MacKenzie, Inc
- David Doyle, 12th District Credit Risk Coordinator – Banking, Supervision & Regulation, Federal Reserve Bank of San Francisco
- Jay M. Goldstone, Managing Director, Public Finance, MUFG Union Bank, N.A.
- Lynnette Kelly, Executive Director, Municipal Securities Rulemaking Board
- Peter Luchetti, Partner, Table Rock Capital LLC
- Jenna Magan, Partner, Public Finance, Orrick, Herrington & Sutcliffe LLP
- Hector E. Negroni, Principal, Fundamental Advisors
- Triet M. Nguyen, Managing Director, NewOak Capital LLC
- Matthew T. Reining, Senior Director and Analytical Manager, Standard and Poor’s
- Naomi G. Richman, Managing Director, Public Finance, Moody’s Investors Service
- Anna V. Sarabian, Senior Vice President, Fieldman, Rolapp & Associates
- Nathaniel R. Singer, Managing Director, Swap Financial Group, LLC
- David A. Vaudt, Chairman, Governmental Accounting Standards Board
- Alex Wallace, Managing Director, Head of Public Finance, US Bancorp Municipal Securities Group
- Lisa Washburn, Managing Director, MMA and Treasurer of the National Federation of Municipal Analysts