Senior Director
PFM
Nathaniel “Nat” Singer is a senior director with PFM Financial Advisors LLC and PFM Swap Advisors LLC, advising on both taxable and tax-exempt bond and derivative transactions.
A former Chair of the Municipal Securities Rulemaking Board and member of SIFMA’s new product committee, Mr. Singer brings nearly four decades of experience to PFM. Throughout his career, Mr. Singer has been lead on some of the largest and most complex bond and swap transactions across a number of sectors and geographies.
Mr. Singer is one of the most respected voices in the municipal industry and is frequently sought out as an expert. After spending 21 years at Bear Stearns trading and underwriting municipal bonds as well as running their derivative department, he joined Swap Financial Group as a partner and Senior Managing Director in 2008. In these roles, he was responsible for the development of state-of-the-art financial products to help municipal issuers lower debt service costs and hedge interest rate risk.
Mr. Singer is a frequent speaker on topics relating to both the municipal cash market as well as the derivatives market and has authored numerous papers focusing on financing and trading opportunities in the municipal market. He received a B.S.E. in Civil Engineering from Princeton University, an international business certificate from the University of Copenhagen and attended the University of Chicago Graduate School of Business.
In this session, experienced issuers and municipal advisors will discuss past refundings, their strategy, and how they measured the success of their refunding transactions. In light of the points made in prior sessions, panelists will explore the evaluation of refundings generally, the need to re-examine conventions, and the potential outcomes for altering strategy and practices in the future.