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Cook County With Wells Fargo Securities Creates New Financing Vehicle To Fund Highway Improvements

“With a broader, more strategic focus, the Cook County Department of Transportation and Highways will be able to have a meaningful impact in shaping how our transportation systems impact regional economies and promote growth,” Preckwinkle said.

With 170 associates in 20 offices, Wells Fargo Securities’ Public Finance Investment Banking teams provide municipal financing solutions to government and institutional customers throughout the U.S. As of September, the Wells Fargo affiliates that comprise the Municipal Products Group rank among the top 10 underwriters of municipal securities in the U.S 1.

About Wells Fargo Securities

Wells Fargo Securities delivers a comprehensive set of capital markets products and services to customers, including originating and distributing public debt and equity, hedging interest rates, commodity and equity risks, advising on mergers and acquisitions, and originating structured lending facilities and municipal bonds. The institutional capital markets business is comprised of more than 3500 team members in 40+ offices across the United States, Europe and Asia.

Wells Fargo Securities is the trade name for certain capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Securities, LLC, member NYSE, FINRA, NFA and SIPC, Wells Fargo Institutional Securities, LLC, member FINRA and SIPC, Wells Fargo Bank, National Association, Wells Fargo Securities International Limited (authorized by the U.K. FSA), Wells Fargo Securities Asia Limited (licensed by the HK SFC), and Wells Fargo Securities (Japan) Co., Ltd. (registered with the KLFB).

1 Source: Thomson Reuters. Represents combined totals underwritten 1/1/2012-9/30/2012 for Wells Fargo Securities, LLC, member NYSE, FINRA, and SIPC, and Wells Fargo Bank, N.A., subsidiaries of Wells Fargo & Company, which use the trade name Wells Fargo Securities for their capital markets and investment banking services.

Stock quotes in this article: WFC 
Copyright Business Wire 2010

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