Anthony N. Fratto, Executive Vice President and Manager of George K. Baum & Company’s Chicago office, has more than 35 years of municipal finance and government experience. Mr. Fratto has participated as senior manager, co-manager and municipal advisor for more than $60 billion of municipal bond financings covering hundreds of issues. He has coordinated and supervised the issuance of a variety of municipal bond financings, including general obligation, revenue, transportation, pension, derivatives, school and park districts, and housing.
Mr. Fratto has been a lead banker on many major transactions for governments throughout the state of Illinois. Transactions of note include: City of Chicago, Second Lien Wastewater Transmission Bonds and BABs, Series 2010A, 2010B, $280 million; City of Berwyn Taxable General Obligation Pension Funding, Series 2013, $30 million; Chicago Transit Authority Capital Grant Receipt Revenue Bonds, Series 2008 and 2008A, $250 million; Cook County Variable-Rate Demand Notes, Series 2004, $135 million–weekly remarketing through 2011; City of Chicago Millennium Park Swap and Unwinding 2003, $150 million; Greater Chicago Metropolitan Water Reclamation District, General Obligation, Series 2002, $164 million; and Illinois Sports Facilities Authority Bonds (Soldier Field), Series 2001, $399 million.
In the education arena, Mr. Fratto has led financings through the Chicago Public Building Commission for the benefit of Chicago Public Schools for Capital Construction of $316 million and for Chicago Public Schools directly through TIF revenue leveraging for an issue of $56 million in 2004. In the housing area, Mr. Fratto has provided lead banking services on $1.15 billion for the City of Chicago Single Family Mortgage Revenue Bond issues and administrative direction for Down Payment Assistance Programs for the City of Chicago and Cook County.
More recently, Mr. Fratto has been the lead banker on City Colleges of Chicago Unlimited Tax General Obligation Bonds (Dedicated Revenues), Series 2017, $85 million; and Bridgeview Finance Corporation, Sales Tax Securitized Bonds and Taxable Bonds, Series 2017A and 2017B - $47 million. In addition, Mr. Fratto has led George K. Baum & Company into positions of co-senior and co-manager for the most recent 2017-2018 financings of the State of Illinois, $4.5 billion; Metropolitan Pier and Exposition Authority, $500 million; Chicago Sales Tax Securitization Bonds, $750 million; and Chicago Housing Authority, $325 million. He has held positions in budget and management as a former Comptroller/Chief Financial Officer for the City of Chicago. As a licensed attorney, he holds a Juris Doctor and a Master of Business Administration from DePaul University, and a Bachelor of Science in Finance from the University of Illinois-Chicago.