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Financial Advisory
Alluvion Securities, LLC began operations in Memphis in 2005, but collectively the Alluvion team has decades of experience. Focused on customer service and close relationships, Alluvion’s founders recruited from the largest regional and national firms, employees who share the same vision that today forms the cornerstone of what we do—creating success while focusing on clients as individuals, not accounts.
We feel that this is what gives us a distinct advantage. Rather than a large corporate structure where various units work independently, each and every member of the Alluvion team works collaboratively bringing a wealth of diverse knowledge to the process.
This gives our quantitative and qualitative analyses a truly unique scope. Our resources are the same resources found on Wall Street and in Chicago, yet it’s the way we approach our customers that allows us to remain local.
 Bond Pricing
Using real market timing, Alluvion’s in-house bond pricing group, along with the rest of our team, supports the pricing of bonds.
Alluvion uses the most technologically advanced services and tools to provide clients frank, objective, up to the second pricing for bonds and credit enhancement:
- Access to Bloomberg and live MSRB data
- Comprehensive understanding of different types of securities
- Comprehensive understanding of credit in the marketplace and more specifically our clients’ credit
- Qualitative and Quantitative analysis of coupon structures, call option valuation, and spread relationships
Alluvion uses rigorous quantitative and qualitative analysis, assessing the marketplace, in providing market timed pricing of issuers’ bonds.
We perform option-adjusted spread (OAS) analyses on every maturity, for each issue, and each transaction. Alluvion contains in house expertise and experience in both competitive and negotiated sales, comparable to the largest underwriting firms.
Debt Management
Debt – All governments have it, but the most successful governments are those that manage it well. The problem remains that debt is often complicated and difficult to manage efficiently. Issuing structured debt requires clear foresight, rigorous analysis, and expert advice every step of the way. Alluvion’s experienced team gives our clients sure footing during this complex process. Single missteps can be costly, and Alluvion will guide clients by:
Analyzing existing debt
This is the critical first stage. Alluvion will prove to be invaluable as we locate strengths and identify opportunities in the client’s weaknesses and their overall debt structure. Our recommendations will fit with current debt polices and meet your future capital needs.
Developing the optimal debt issue
Alluvion tailors each debt issue to your specific situation minimizing interest costs and maximizing your flexibility. We ensure financing terms, finding credit quality, and attracting investors through thoroughly developed financing terms. Whether we are working revenue bonds, general obligation bonds, notes, certificates of participation, or any host structure implemented in the market, Alluvion handles input on all necessary financing documents, assuring that all terms are seen from your perspective.
Getting to market
All types of debt can fall flat in the marketplace. It does not matter if an underwriter is on Wall Street, in Chicago, or dispersed nationally – due diligence should not be wasted. Alluvion follows through like no other by:
- Developing customized rating agency and bond insurer presentations to obtain the highest possible credit rating for debt issues.
- Developing deal specific marketing plans that build interest from investors.
- Filtering and guiding the selection of working group members that will most effectively help you in bringing the issue to market.
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