Municipal Finance

Moors & Cabot's Banking & Advisory Group provides consultative and advisory services to local municipal entities for debt management, fiscal advice and access to the debt markets through bond issues. Moors & Cabot is now recognized as the "preeminent distributor" of Maine local tax-exempt obligations and the "point of inquiry" for local Maine municipal debt.

Moors & Cabot's focus is to serve local municipal and quasi-municipal entities in the state of Maine. Our commitment is to provide local municipal entities with comprehensive advisory services to suit their unique needs. We develop a market strategy that optimizes the time when the debt should be sold. Considerations as to the technical as well as the fundamental aspects of the market become instrumental in developing these strategies. In summary, we structure the financing and its timing to the issuer's benefit.

Our familiarity and experience with local Maine financings comes from our commitment to provide continued market access to Maine communities.

In January 1998, Moors & Cabot made a strategic decision to significantly expand its fixed-income activities by enlisting Joseph P. Cuetara to serve as a senior vice president & manager in its Capital Markets Division. Mr. Cuetara brings over 30 years of securities market experience, the last 16 years of which have been focused on financial advisory. His responsibilities include management of all fixed-income sales, trading and underwriting.

For further information, please contact Joe Cuetara at 617-314-0258, fax 617-451-0288, toll-free 800-426-0501 x258, or via email at jcuetara@moorscabot.com.