K-12 Education Finance

George K. Baum & Company provides investment banking services to public schools, charter schools and private primary and secondary schools from coast-to-coast. This group provides credit rating presentations, securing credit ratings and insurance, develops capital improvement plans, and works hard to generate substantial savings through debt re-financing. One of our strengths is the ability of our team to bring an understanding of the bond issuance process to our many clients who are first-time borrowers.

Our Philosophy

George K. Baum & Company is not a direct lender or credit provider, and is not affiliated with a commercial bank. We do not have an incentive to advocate for any particular financing structure. Rather, our primary focus is to make every attempt to offer the best advice to our clients based on their needs. We assist our clients in exploring their options with the intent to help them implement the most accurate plan of finance best suited to meet their individual goals.

Our goal is to educate our clients on their potential financing options while balancing cost, risk and compatibility with the client's goals and philosophy toward the use of debt. In assessing an institution's options, we detail and advise clients on the pros and cons of bank financings and debt issuances sold on the basis of the client's own credit rating.

Our K-12 Finance professionals provide a wide range of services to our clients. These services include, but are not limited to, the following:


George K. Baum & Company has been underwriting bonds since 1928. Decades of experience, dedicated staff and our "client first" philosophy has proven to be a successful formula for our longevity, successful financings and client retention.


George K. Baum & Company leverages the synergy of local expertise and national resources to our municipal advisory practices. Our municipal advisors work closely with other internal teams to keep abreast of market conditions to assist you in making informed decisions about your project.


In assessing a client's financing options, we detail the pros, cons and risks of direct placement financings or debt issuances sold in the public markets based on the competitive nature of the proposals and a client's own credit rating. George K. Baum & Company has a frequent presence pricing bonds in the primary market and  in the arrangement of direct purchases. This experience enables our clients to obtain some of the lowest borrowing costs and most attractive terms available.


George K. Baum & Company has developed a unique "dual track" financing process to assist clients in determining an appropriate financing structure for their offering. The dual track includes distributing a credit package to banks and rating agency(ies) for their review as part of the client's Request for Proposal process. George K. Baum & Company assists with preparing the Request for Proposal, facilitates the rating processes, and prepares a comprehensive summary analysis to simplify the decision-making process. The dual track RFP process often yields positive results for our clients because banks are put in a competitive situation.


Our Housing Group consists of experienced bankers, quantitative analysts and underwriting and syndicate specialists who work with state and local housing finance agencies to assess their needs and those of the communities they serve to develop appropriate product and financial solutions.


George K. Baum & Company has a robust program to provide quantitative analysis for municipal financings. Our commitment to inclusive quantitative analysis led to the formation of a specialized quantitative finance group whose sole responsibility is to develop and implement functional and analytical tools for our clients. Our significant experience in the area of debt structuring includes all aspects of refunding and cash flow modeling, such as crossovers, invested sinking funds and transferred proceeds. Our quantitative professionals specialize in performing a variety of important tasks, which include bond structuring, refunding calculations and inovations, pro-forma analysis, escrow restructurings and cash flow analysis.


George K. Baum & Company assists our clients with a wide variety of debt financing for acquiring or expanding existing facilities or building new ones using publicly issued bonds or direct purchases. Our expertise in both the public markets and the direct purchase markets enables our clients to analyze the full range of financing possibilities.


George K. Baum & Company has developed proprietary methodologies for working with rating agencies to secure first-time, or obtain renewed, ratings for our borrowers. George K. Baum & Company devotes extensive resources to the development of each credit package with the intention of exceeding the expectations of the client and rating agencies.


George K. Baum & Company assists our clients by taking advantage of market opportunities to refinance or restructure existing debt. Cash flow savings from reduced annual debt service can improve operating budget flexibility and provide reinvestment opportunities.

1400 Wewatta Street, Suite 800 | Denver, CO 80202 | 800-722-1670