PRAG remains one of the top-ranked financial advisory firms in the nation. In its 2015 full year rankings, Thomson Reuters named PRAG the third largest financial advisory firm nationally, having advised on 155 deals, almost 10% of the market share. 75 of those deals, comprising 15% of the total market share, were competitive issues totaling over $12.4 billion. The remainder 80 deals were negotiated and totaled $18.4 billion or 8.1% of the total market share.
According to the Bond Buyer’s Annual Review published February 22, 2016, PRAG ranked as the top Financial Advisors for General Purpose issuances in 2015, having advised on $21.7 billion worth of issues.
PRAG has been consistently ranked as one of the top three financial advisory firms nationally every year over the past two decades, having completed approximately half a trillion dollars of transactions since the founding of PRAG in 1985. PRAG’s financing experience includes revenue bonds, general obligation bonds, certificates of participation, commercial paper, revenue and tax anticipation notes, bond anticipation notes, securitizations, non-dollar denominated bonds, index notes, stepped-coupon obligations, as well as taxable municipal securities.