Bonds

Bond Offering

Water Supply System Revenue and Revenue Refunding Bonds, Series 2025*

Water Supply System Revenue and Revenue Refunding Bonds, Series 2025*

Series 2025A (Senior Lien)
Tax Status
Tax-Exempt
Sale Date
06/17/2025
Sector
Water / Sewer
State
Michigan
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/30/2025
Call Features
Par Call on 1/1/2035
Series 2025B (Second Lien)
Tax Status
Tax-Exempt
Sale Date
06/17/2025
Sector
Water / Sewer
State
Michigan
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/30/2025
Call Features
Par Call on 1/1/2035
Series 2025C (Senior Lien)
Par Amount
$110,840,000
Tax Status
Tax-Exempt
Sale Date
06/17/2025
Sector
Water / Sewer
State
Michigan
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/30/2025
Call Features
Par Call on 1/1/2035
Series 2025D (Second Lien)
Par Amount
$110,620,000
Tax Status
Tax-Exempt
Sale Date
06/17/2025
Sector
Water / Sewer
State
Michigan
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/30/2025
Call Features
Par Call on 1/1/2035

Additional Information

Senior Bookrunning Manager & Co-Dealer Manager

Siebert Williams Shank

Co-Senior Manager & Lead Dealer Manager

BofA Securities, Inc.

Co-Managers

Goldman Sachs & Co.
Loop Capital Markets
Morgan Stanley
Huntington Capital Markets
Jefferies
Stifel

Bond Counsel

Dickinson Wright

Municipal Advisor

Underwriters’ Counsel

Kutak Rock LLP