Bonds

Bond Offering

$1,490,595,000* Income Tax Secured Revenue Bonds

$1,490,595,000* Income Tax Secured Revenue Bonds

Income Tax Secured Revenue and Refunding Bonds, Series 2025A
Par Amount
$1,189,515,000
Tax Status
Tax-Exempt
Sale Date
05/01/2025
Sector
County / City / Town
State
District of Columbia
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
05/15/2025
Call Features
10 year par
Income Tax Secured Revenue Bonds, Series 2025B
Par Amount
$301,080,000
Tax Status
Taxable
Sale Date
05/01/2025
Sector
County / City / Town
State
District of Columbia
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
05/15/2025
Call Features
10 year par

Additional Information

$1,490,595,000* Income Tax Secured Revenue Bonds

Comprised of

$1,189,515,000*

Income Tax Secured Revenue and Refunding Bonds,  Series 2025A,

&

$301,080,000*

Income Tax Secured Revenue Bonds,  Series 2025B

The District is not obligated to pursue or complete the Potential Transaction and may discontinue or postpone all or any part of the Potential Transaction at any time for any reason without notice. The issuance of the Bonds is subject to market conditions and other considerations the District deems appropriate. No assurance is given that any of the Bonds will be issued, or that any of the outstanding indebtedness of the District will be refunded, whether in whole or in part.

*Preliminary, subject to change

Bond Offering Ratings

Moody’s
Aa1
Outlook
Negative
Date
Apr 2025
S&P
AAA
Outlook
Stable
Date
Apr 2025

Senior Manager

Wells Fargo Bank
Julius Coursey
(267) 760-0981

Co-Senior Manager

Ramirez & Co., Inc.
Brad Friedman
(212) 248-3851

Co-Financial Advisors

PFM Financial Advisors, LLC
Rebecca Perry-Glickstein
(215) 557-1457
Phoenix Capital Partners, LLC