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New York City Municipal Water Finance Authority Announces Details of its Upcoming Sale of $600 Million Tax-Exempt, Fixed Rate Bonds

March 17, 2025

The New York City Municipal Water Finance Authority announced today the details of its upcoming sale of $600 million of tax-exempt, fixed rate bonds.

Proceeds from the sale will be used to refund certain outstanding bonds and pay for the costs of issuance.

Subject to market conditions, pricing for the bonds will take place on Tuesday, March 25, 2025, via negotiated sale through an underwriting syndicate led by joint senior managers Raymond James and Siebert Williams Shank, with BofA Securities, Barclays, Goldman Sachs, and Loop Capital Markets serving as co-senior managers on the transaction.

Retail investors will have priority in placing orders during a one-day retail order period on Monday, March 24, 2025.

The Preliminary Official Statement and investor presentation are expected to be available on or about March 17, 2025 on MuniOS.com.

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$285 billion
Feb
2025