06.25.2026

The Massachusetts Development Finance Agency is preparing for the upcoming negotiated sale of Tax-Exempt Revenue Bonds, Worcester Polytechnic Institute Issue, Series 2026, the week of July 6, 2026*.

Transaction Details

Massachusetts Development Finance Agency
Revenue Bonds
Worcester Polytechnic Institute Issue, Series 2026

Preliminary Official Statement

Preliminary Official Statement

Par Amount

$125,265,000*
Consisting of: $___ Series 2026 (Fixed Rate Mode)

Ratings

Moody’s: A2 (stable) 
S&P: A (stable)

Sale Date

Week of July 6, 2026*

Bond Type

Tax-Exempt Revenue Bonds

Method of Sale

Negotiated

Underwriter Representatives

BofA Securities
Adam Gentzel, Public Finance Investment Banking
adam.gentzel@bofa.com | 215-446-7027

TD Financial Products LLC
Jon Biango, Director Public Finance
jon.biango@td.com | 212-827-7142

Municipal Advisor

The Yuba Group LLC
Harper Watters, Director
harper.watters@yuba-group.com | 267-302-0990

Preliminary, subject to change*