NEW YORK--(BUSINESS WIRE)--Academy Securities, a registered broker-dealer, certified Disabled Veteran Business Enterprise (DVBE), and Minority Business Enterprise (MBE), had the honor of serving as Joint-Lead Bookrunner for SoCalGas’ public bond offering on January 6, 2020.
SoCalGas frequently engages diverse Investment Banks in its Capital Markets transactions in order to provide opportunities to minorities, women, and veterans in the financial services sector. In its most recent offering, SoCalGas issued 10-year notes with Academy Securities in a lead role on an Investment Grade bond transaction for the first time, once again setting a standard for the goal of Diversity & Inclusion across its entire business.
“SoCalGas, and the broader Sempra organization, has set a clear standard in support of Veteran’s initiatives,” stated Academy’s CEO, Chance Mims. “The opportunity they have provided Academy Securities to participate as a Joint Lead Bookrunner on their recent bond offering has a direct impact on our ability to hire the next worthy and talented veteran to our growing team. Beyond that, SoCalGas is a leader in its commitment to hiring and retaining military veterans. We are grateful for the opportunity.”
“We are proud to do business with Academy Securities on this bond offering, as part of our long history of working with diverse business enterprises,” said SoCalGas CEO Bret Lane. “As a veteran, I have been fortunate to be part of a company that supports our veteran community. SoCalGas has been an ardent supporter of our veterans for years through programs that encourage the hiring of military members within our company and throughout the energy sector, so when this opportunity was presented, we believed it was a natural fit.”
“SoCalGas has clearly demonstrated their support for veterans by including Academy Securities as a Joint Lead Bookrunner in their recent transaction, and for their support of veteran’s organizations historically. We are honored to share the social mission of mentoring, hiring, and training our heroes and by our shared sense of Corporate Responsibility,” says Academy’s President, Phil McConkey.
Academy Securities is proud to maintain its Certification as a Minority Business Enterprise (MBE) pursuant to California Public Utilities Commission (CPUC) General Order 156. This, in addition to Academy’s status as a Disabled Veteran Business Enterprise (DVBE) for the State of California, as well as other qualifications nationwide, allows Academy to set the bar for certification compliance as a “Diversity & Inclusion” firm with a social mission to mentor, train and hire military veterans.
About Academy Securities
Academy Securities is a preeminent disabled veteran owned investment bank with strength in capital markets, public finance, fixed income and equity trading. Leadership and staff have had intensive military training prior to entering and gaining in-depth financial services experience in global capital markets. We are mission-driven with a high ethical code, a solid sense of accountability and strive for excellence in the pursuit of our clients’ success. Intellectual assets, strong visionary leaders and a proud team commitment bring out the best in each other for the benefit of our clients. Academy is our nation’s first and only post-9/11 disabled veteran owned investment bank and is a certified as a DVBE, SDVOSB, and MBE. The firm has a strong top and middle tier client base served by a national platform with offices in New York, Chicago, San Diego, Los Angeles, Charlotte, Chapel Hill, Kansas City, Sacramento and South Norwalk. Information about Academy Securities is available at www.academysecurities.com.