About
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Awards & Rankings

National Rankings

Throughout our history, we’ve earned our reputation as a trusted leader in public finance, consistently ranking among the top municipal advisory firms in the United States every year.
#0
municipal advisor in the nation for
the 10-year period ending
Dec. 31, 2020, based on total
number of issues
#0
municipal advisor in the nation
for 2020 based on total number
of issues
#0
municipal advisor in the nation for
2020 based on par volume
Per Ipreo MuniAnalytics
03

2020 Rankings

#1 General Purpose/Public Improvement
#1 Cities and Towns
#3 Water and Wastewater
#2 General Transportation
#3 Surface Transportation (Toll Roads, Highways, Streets)
#3 Airports
#2 Higher Education
#1 Mass Transit
#15 Combined Utilities

Rankings source: Ipreo MuniAnalytics® for the one year period ending 12/31/20.

#2 Water and Wastewater
#4 Surface Transportation (Toll Roads, Highways, Streets)
#4 Higher Education
#3 Cities and Towns
#3 Airports
#9 Combined Utilities
#4 General Purpose/Public Improvement
#4 General Transportation
#11 Mass Transit

Rankings source: Ipreo MuniAnalytics® for the one year period ending 12/31/20.

Industry Awards

HilltopSecurities is a nationally recognized leader in Public Finance, garnering a total of 29 “Deal of the Year” awards from The Bond Buyer, Institutional Investor and International Financing.
2020

HilltopSecurities served as financial advisor on the $236.8 million Arizona Industrial Development Authority financing for Nebraska’s Lincoln South Beltway project on behalf of Hawkins Construction, which won The Bond Buyer’s Public-Private Partnership Deal of the Year. The first-of-its-kind transportation project utilized an innovative contractor-led build finance structure to deliver the largest single-contract project in the history of the Nebraska Department of Transportation.

/ 01
2020

Southwest Regional Deal of the Year recognized DFW Airport’s Joint Revenue Refunding Bonds, tax-exempt Series 2020A, 2020B, and taxable Series 2020C. HilltopSecurities served as co-financial advisor for the $2.05 billion issuance, which provided the Airport over $600 million in debt service savings through refinancing and provided financing for the construction of four new terminal gates, a new Integrated Operations Center, and several airfield projects.

/ 02
2019

Innovative Financing Deal of the Year Award for serving as co-financial advisor to DFW International airport on its $1.2 billion issuance of taxable bonds to refund outstanding Alternative Minimum Tax obligations (The Bond Buyer, December 2019).

/ 03
2018

Midwest Deal of the Year Award for serving as financial advisor to Wayne County, Michigan, on its $288.6 million sale to fund a new criminal justice complex (The Bond Buyer, December 2018).

/ 04
2017

Southwestern Regional Deal of the Year Award for serving as financial advisor to the Fort Worth Transportation Authority on its $325 million private placement to fund a commuter rail line (The Bond Buyer, December 2017).

/ 05
2017

Non-Traditional Financing Deal of the Year Award for serving as financial advisor to the City of Cambridge, Mass., on its $2 million issuance of minibonds to fund citywide municipal and school projects (The Bond Buyer, December 2017).

/ 06
2016

Southwest Region Deal of the Year Award for financial advisor to the initial $810 million of the 50-year, $27 billion Texas Water Development Board’s SWIFT program (The Bond Buyer).

/ 07
2016

Small Issuer Deal of the Year Award for financial advisor to the Northwest Dallas County Flood Control District’s $15.7 million sale of unlimited tax refunding bonds to restructure a compounding obligation created through a 1992 Chapter 9 bankruptcy. The new bonds lifted a tax-rate cap imposed by the 1992 bankruptcy judgment, allowing the District to obtain an investment grade rating and resolve an accrued and unpaid interest liability (The Bond Buyer).

/ 08
2015

Southwest Region Deal of the Year Award for financial advisor to the North Texas Tollway Authority for its strategic refinancings of more than $2 billion, lowering its maximum annual debt service to a level that brought multiple credit rating upgrades (The Bond Buyer).

/ 09
2015

Non-Traditional Financing Deal of the Year Award for Financial Advisor to the State of Hawaii Department of Business, Economic Development, and Tourism for its $150 million financing to support the new Green Energy Market Securitization (GEMS) program (The Bond Buyer).

/ 10
2014

Southwest Region Deal of the Year Award for financial advisor to the Colorado Regional Transportation District for its $441 million certificates of participation, preserving voter authorized debt capacity (The Bond Buyer).

/ 11
2014

Deal of the Year Award for Financial Advisor to the State of Hawaii Department of Business, Economic Development, and Tourism for its $150 million financing to support the new Green Energy Market Securitization (GEMS) program (International Financing Review).

/ 12
2013

Southwest Region Deal of the Year Award for Financial Advisor to Dallas-Fort Worth International Airport for its $2.73 billion of new money and refunding financings for the airport’s Terminal Renewal and Improvement Program (The Bond Buyer).

/ 13
2012

National Deal of the Year Award for Financial Advisor to the Michigan Finance Authority for its $2.9 billion unemployment insurance deal (The Bond Buyer).

/ 14
2011

Southwest Region Financial Advisor to the Love Field Modernization Corporation for its $310 million special facilities revenue bonds (The Bond Buyer).

/ 15
2011

Southeast Region Financial Advisor to the Atlanta Department of Aviation for its $1.5 billion new money and refunding deal (The Bond Buyer).

/ 16
2010

Regional Title Co-Managing Underwriter to The La Vernia Higher Education Finance Corp. for the Kipp Academy’s $66.17 million education revenue bonds (The Bond Buyer).

/ 17
2009

Regional Title Financial Advisor to The Dallas County Hospital District for its $705 million deal to renovate Parkland Memorial Hospital (The Bond Buyer).

/ 18
2009

Far West Region Deal of the Year for Underwriter to Chawanakee Unified School District (The Bond Buyer).

/ 19
2008

Far West Region Deal of the Year for Underwriter to Yuba Levee Financing Authority (The Bond Buyer).

/ 20
2008

Regional Title Financial Advisor to the Camino Real Regional Mobility Authority (The Bond Buyer).

/ 21
2006

Small Issuer Financial Advisor to the Town of Clayton, New Mexico (The Bond Buyer).

/ 22
2005

Southwest Region Financial Advisor to the Central Texas Regional Mobility Authority (The Bond Buyer).

/ 23
2004

Runner-Up Financial and Swap Advisor to New Mexico Finance Authority – State Department of Transportation (The Bond Buyer).

/ 24
2003

Regional Title Financial Advisor to Dallas/Fort Worth International Airport (The Bond Buyer).

/ 25
2003

Financial and Swap Advisor to Orlando-Orange County Expressway (The Bond Buyer).

/ 26
1996

Swap Advisor to the City of Fort Worth (The Bond Buyer).

/ 27
1993

Financial and Swap Advisor to the City of Lewisville, Texas (Institutional Investor).

/ 28
1990

Financial and Swap Advisor to the Dallas/Fort Worth Regional Airport (Institutional Investor)

*As of December 31, 2019. Ipreo MuniAnalytics®

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