For over twenty (20) years, GATES Capital has provided Remarketing Agent services to issuers and institutional money market investors of variable rate demand bonds. As Remarketing Agent, GATES Capital, resets a bond’s variable interest rate, makes markets and provides liquidity to our institutional money market investors.
GATES Capital’s client list includes more than 100 different independent, public and private sector borrowers and approximately 35 distinct governmental issuing authorities across the nation. We actively market and remarket these variable rate bonds to over 50 major institutional investors.
The underlying borrowers represent a broad spectrum of our client-base – small private schools, manufacturing companies, middle market companies, mixed use developments to for-profit, public corporations.