11/09/2026 | Press release | Distributed by Public on 11/09/2026 14:07
Date: Monday, November 9, 2026
Contact:
David Womack, Chief Executive Officer, NYW 212-788-5872
Philip Wasserman, Executive Director, NYW 212-788-4969
City Hall Press Office 212-788-2958
Shaquana DeVissiere, Press Secretary, Office of NYC Comptroller Mark Levine 212-669-2109
Jay Olson, Deputy Comptroller for Public Finance, Office of NYC Comptroller Mark Levine 212-669-8334
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 fund improvements to the New York City Water and Sewer System and pay for the costs of issuance.
Subject to market conditions, the Authority intends to price approximately $400 million of tax-exempt, fixed rate bonds on Wednesday, November 18, 2026, via negotiated sale through an underwriting syndicate led by book-running lead manager Siebert Williams Shank, with Barclays, BofA Securities, Goldman Sachs, Loop Capital Markets, and Raymond James 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, November 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-2027CC on or about November 9, 2026.
The Authority also intends to sell $150 million of tax-exempt adjustable rate bonds during the week of December 7, 2026, pursuant to a separate Official Statement. The remarketing agent for the adjustable rate bonds is expected to be Wells Fargo.
The Official Statement related to the adjustable rate bonds is expected to be available at www.bondlink.com/nyw-2027DD on or about November 19, 2026.
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