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New York City Municipal Water Finance Authority Announces Details of Upcoming Bond Sales

March 9, 2026

The New York City Municipal Water Finance Authority (the “Authority”) announced today the details of its upcoming sales of tax-exempt fixed rate and variable rate bonds.

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

Subject to market conditions, the Authority intends to price approximately $983 million of tax-exempt, fixed rate bonds on Wednesday, March 18, 2026, via negotiated sale through an underwriting syndicate led by book-running lead manager Raymond James, with Barclays, BofA Securities, Goldman Sachs, Loop Capital Markets, and Siebert Williams Shank serving as co-senior managers on the transaction.

Retail investors will have priority in placing orders for the fixed rate bonds during a one-day retail order period on Tuesday, March 17, 2026.

The Preliminary Official Statement and investor presentation related to the fixed rate bonds are expected to be available at www.bondlink.com/nyw-2026DD on or about March 9, 2026.

The Authority additionally intends to sell approximately $200 million of tax-exempt Adjustable Rate Remarketed SecuritiesSM (“ARRSSM”) during the week of April 6, 2026. The ARRSSM are expected to be remarketed by Jefferies and Morgan Stanley.

The Preliminary Official Statement and investor presentation related to the ARRSSM are expected to be available at www.bondlink.com/nyw-2026FF on or about March 9, 2026.

The Authority also intends to sell $200 million of tax-exempt adjustable rate bonds during the week of April 6, 2026, pursuant to a separate Official Statement. The remarketing agent for the adjustable rate bonds is expected to be Truist Securities.

The Official Statement related to the adjustable rate bonds is expected to be available at www.bondlink.com/nyw-2026EE on or about March 19, 2026.

Notice and Disclaimer

Under no circumstances shall the information on this website constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Offers to purchase securities may be made only through a registered broker-dealer and through an official statement.

The information contained on this website has been included for general informational purposes only and no person should make any investment decision in reliance upon the information contained herein.

Bonds may not be sold, nor may an offer to buy be accepted, prior to the time an Official Statement is delivered in final form. A definitive Official Statement with respect to any bonds will be made available concurrently with their sale. A Preliminary Official Statement for any bonds may be obtained from the firms listed on the cover of the Preliminary Official Statement and on this website.

Any Preliminary Official Statement relating to bonds included on the Upcoming Transactions page is provided only as a matter of convenience.

For investment advice on bonds, please contact your investment advisor.

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$316.34 billion
Jan
2026