Tony Stovall
Partner
tony.stovall@ricefin.com

Tony Stovall joined Rice Financial in 2002, bringing with him substantial experience in both taxable and tax-exempt finance.  Mr. Stovall has completed virtually every type of municipal bond transaction, including single family and multifamily mortgage revenue bonds; school district financings; leasehold revenue transactions; higher education financings; healthcare revenue bonds; general obligation bonds; refunding bonds; and pension obligation transactions.  He has also successfully executed taxable private placements, taxable mortgage-backed security offerings and public equity offerings. 

Mr. Stovall’s California clients have included the State of California; Los Angeles County; Alameda County; the cities of Oakland and Inglewood; Los Angeles Unified School District; East Bay Municipal Utility District; and West Basin Municipal Water District.  Other clients he has served include the states of Connecticut and Florida; the Nevada Housing Division; the District of Columbia Housing Finance Agency; the Massachusetts Turnpike Authority; Wisconsin Power and Light; the school districts of Dade County (FL) and Detroit; and the cities of Detroit and Bayonne (NJ).

Mr. Stovall began his municipal finance career in 1990 at M. R. Beal & Company where he was co-head of the Investment Banking Department, managing a group of 10 investment banking professionals located throughout the country.  In this role, he was responsible for some of the largest transactions ever completed by M. R. Beal, including a $306 million financing for the County of Alameda (CA), a $302 million financing for the State of Wisconsin, and a $115 million financing for the construction of the Highland Hospital Medical Center in Oakland (CA).  Mr. Stovall also served as lead banker for the New York State Medical Care Facility Finance Agency Long-Term Health Program.  The program issued over $300 million of health care revenue bonds to fund the construction and equipping of nursing care facilities for the care of HIV-positive adults.  Mr. Stovall was integrally involved in securing credit enhancements on all of the program bonds issued under MCFFA.

Mr. Stovall received a bachelor’s degree in economics from Howard University.

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