Opportunity to purchase Glenbard District 87 bonds

The approval of a $183 million referendum in the spring of 2024 will allow for significant improvements to be made to our school facilities here in Glenbard District 87. The bonds will be issued in three separate offerings, with the first one ($60 million) taking place on April 28, 2025. 

Individuals, including District 87 residents, may invest directly in funding the future of our educational facilities by purchasing district bonds.

The minimum amount required to invest is approximately $5,000, and investments must be made in $5,000 increments. Individual investors interested in purchasing Glenbard 87 bonds should reach out directly to Stifel (630-845-7900) or Blaylock (312-391-9494) to get specific instructions.

In order to invest, you will need to reach out to a Stifel or Blaylock investment advisor and open an account, unless you already have one. This may take a day or two, so contacting them in advance is best. Beginning on Thursday, April 24th, your representative will have an idea of the expected interest rate. Your order would need to be placed with your representative prior to the final order period on the morning of Monday, April 28th. Later that day, you will be notified of the final details of the proposed purchase of bonds by your representative.

For more information, click here (PDF).