Watermill Institutional Trading LLC is a leader in the Public Finance sector, providing comprehensive advisory and underwriting services to municipal issuers. Our team has been involved in some of the largest municipal public offerings, demonstrating our expertise and commitment to excellence.

Our Public Finance Services Include:

• Optimal Debt Structuring: Assisting issuers and lead underwriters in developing an optimal debt structure and financing program that meets current needs while considering long-term capital requirements.
• Issuer Support: Attending issuer meetings related to financial matters, particularly those involving underwriting, to provide expert advice and support.
• Strategic Planning: Collaborating with issuers and lead underwriters on key aspects of bond issues, including sale timing, par amount, maturity schedule, coupon structure, redemption provisions, and other features that enhance investor appeal.
• Document Preparation: Assisting in the preparation of all necessary financing documents, such as the Preliminary Official Statement (POS), Official Statement (OS), Indenture or Bond Resolution, Bond Purchase Agreement, and related documentation.
• Stakeholder Coordination: Working closely with issuer officials, staff, and other retained professionals (financial advisors, bond counsel, accountants, engineers, etc.) as well as the lead underwriter to develop and execute proposed financings effectively.