09.06.2023

The Commonwealth is preparing to sell approximately $500 million* of Commonwealth Transportation Fund Revenue Bonds the week of September 18th. 

Preliminary Official Statement

 

Preliminary Official Statement

 

Investor Presentation

 

Investor Presentation

 

Ratings Reports

 

Moody's (PDF)

S&P (PDF)

Kroll (PDF)

 

About the Financing

Thank you for expressing interest in the Commonwealth's upcoming financing, which is expected to be comprised of the following:

$300,000,000*
Commonwealth Transportation Fund Revenue Bonds
(Rail Enhancement Program)
2023 Series A (Sustainability Bonds)

$200,000,000*
Commonwealth Transportation Fund Revenue Bonds
(Rail Enhancement Program)
2023 Series B

Photograph of MBTA South Coast Rail Project, Loading out excavated and hammered rock.
South Coast Rail Project: Loading out excavated and hammered rock. Photo by MBTA.
Joint Book-Running Senior Managers

 

  • BofA Securities, Inc. | (800) 937-0866
  • Ramirez & Co., Inc. | (855) 289-2663

 

Co-Senior Managers

 

  • Citi | (855) 644-7252
  • Morgan Stanley | (800) 544-5372

 

Co-Managers

 

  • Barclays | (617) 330-5800
  • Estrada Hinojosa | (800) 676-5352
  • Loop Capital Markets | (212) 619-3045
  • Raymond James | (877) 295-9116