Economic impacts from events such as COVID-19 have heavily impacted both the private and public sectors. Kosmont Financial Services (KFS) offers depth of knowledge and experience to assist clients identifying approaches to alleviate short-term losses and build long-term economic resiliency.
In the short-term, lowering annual debt service costs by refunding existing debt including refinancing pension obligations through issuance of Pension Obligation Bonds are tools which have generated millions of dollars of cost reductions for our clients.
Other existing debt can also be refunded such as LRBs, COPs and P3 capital project delivery structures can also be considered.
To build long-term resiliency through economic stimulation and development, KFS works with clients to assess capital and infrastructure financing tools utilizing public / private partnerships and special districts.