The Commonwealth of Massachusetts is preparing for the negotiated sale of approximately $983.7 million* of General Obligation Bonds, 2026 Series D and Refunding Bonds Series B, the week of June 8th*. Click to view the POS and Investor Presentation.
About the Financing:
Thank you for expressing interest in the Commonwealth’s upcoming financing, which is expected to be comprised of the following:
- $750,000,000*
General Obligation Bonds
Consolidated Loan of 2026, Series D - $233,790,000*
General Obligation Refunding Bonds
2026 Series B
Transaction Details:
- Preliminary Official Statement
- Investor Presentation
- Ratings Reports
Syndicate:
- Bookrunning Senior Manager
- Jefferies | (800) 567-8567
- Co-Senior Managers
- Loop Capital Markets | (212) 619-3045
- Morgan Stanley | (800) 544-5372
- Co-Managers
- Blaylock | (877) 591-7072
- Fidelity Capital Markets | (800) 544-5372
- Piper Sandler | (800) 552-0614
- RBC Capital Markets | (617) 725-2000
- Raymond James | (877) 295-9116
Timing:
Timing and size of the offering are preliminary and subject to change. The Bonds are expected to be offered to individual investors during a retail order period on Tuesday, June 9, 2026*. The Bonds will then be offered to institutional investors on Wednesday, June 10, 2026*. Individual Massachusetts investors will maintain a first priority on their orders only during the retail order period on Tuesday, June 9, 2026* and may still place orders for any remaining Bonds on Wednesday, June 10, 2026*. For more information on the Bonds, please review the Preliminary Official Statement. This is not an offer to sell nor a solicitation of an offer to buy the Bonds. Bonds may only be purchased through a broker-dealer and through an Official Statement.
*Preliminary, subject to change.