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Bond Sale Announcements

TITLE / FINANCING NAME: Massachusetts Development Finance Agency, Seven Hills Foundation and Affiliates Issue, Series 2025
               
PAR AMOUNT: *$52,740,000
                                   
RATING: S&P: BBB- (negative outlook)
                                                                               
SALE DATE: *week of June 16, 2025 

BOND TYPE: Tax-Exempt Revenue Bonds

METHOD OF SALE: Negotiated

UNDERWRITER REPRESENTATIVE: BNY Mellon Capital Markets, LLC
Contacts:  
Morgan McCracken, Vice President
Morgan.mccracken@bny.com
212-298-1927

Keith Hausman, Director
Keith.hausman@bny.com
212-635-1793

FINANCIAL ADVISOR: FSL Public Finance, LLC
Contacts:
F. Charles Goodwin, Managing Director
Charles.goodwin@fslpf.com   
412-492-4582

OFFICIAL STATEMENT: Preliminary Official Statement

*Preliminary, subject to change
 

TITLE / FINANCING NAME: Massachusetts Development Finance Agency, PRG Medford Properties Inc. Issue, Tufts University Student Housing Project, Series 2025

PAR AMOUNT: *$179,030,000

RATINGS: S&P: A (stable)

SALE DATE: *Week of June 9, 2025

BOND TYPE: Tax-Exempt Revenue Bonds

METHOD OF SALE: Negotiated

UNDERWRITER REPRESENTATIVE: Barclays Capital Inc.
Contacts:
Ji Bak, Director
ji.bak@barclays.com 
212-526-2355

OFFICIAL STATEMENT: Preliminary Official Statement

*Preliminary, subject to change

 

TITLE / FINANCING NAME: Massachusetts Development Finance Agency, Wellesley College Issue, Series N (2025)
               
PAR AMOUNT: $142,695,000*
                                   
RATING: Moody’s: Aa1; S&P: AA+
                                                                               
SALE DATE:  *to be determined

BOND TYPE: Tax-Exempt Refunding Revenue Bonds

METHOD OF SALE: Negotiated

UNDERWRITER REPRESENTATIVE: Morgan Stanley
Contacts:  
Rob Feigenson, Executive Director
robert.feigenson@morganstanley.com
202-292-5399

Eric Wild, Managing Director
eric.wild@morganstanley.com
212-761-9032

FINANCIAL ADVISOR: The Yuba Group LLC
Contacts:
Roger Goodman, Partner
roger.goodman@yubagroup.com 
212-518-4618

Gerri Magie, Director
gerri.magie@yubagroup.com 
212-518-6613

OFFICIAL STATEMENT: Preliminary Official Statement

*Preliminary, subject to change