News
New York City Municipal Water Finance Authority Announces Details of its Upcoming Sale of $1 Billion Tax-Exempt, Fixed Rate Bonds
The New York City Municipal Water Finance Authority (the “Authority”) announced today the details of its upcoming sale of approximately $1 billion of tax-exempt, fixed rate bonds.
Proceeds from the sale will be used to fund improvements to the New York City Water and Sewer System, refund certain outstanding bonds, and pay for the costs of issuance.
Subject to market conditions, pricing for the bonds will take place on Wednesday, November 19, 2025, via negotiated sale through an underwriting syndicate led by book-running lead manager Barclays, with BofA Securities, Goldman Sachs, Loop Capital Markets, Raymond James, and Siebert Williams Shank serving as co-senior managers on the transaction.
Retail investors will have priority in placing orders during a one-day retail order period on Tuesday, November 18, 2025.
The Preliminary Official Statement and investor presentation are expected to be available on or about November 5, 2025 at www.bondlink.com/nyw-2026AA.