Investor Relations

Bond Disclaimer

Welcome to DC Water's Investor Relations Homepage.


DISTRICT OF COLUMBIA WATER AND SEWER AUTHORITY
REFUNDS
$389.1 MILLION OF PUBLIC UTILITY SUBORDINATE LEN REVENUE BONDS
SERIES 2016A
(TAX-EXEMPT)

DC Water has refunded $389.1 million of Series 2007A, 2008A, and 2009A bonds with a new series 2016A.

The sale was significantly over-subscribed with more than $850 million of orders, enabling the Authority to lower yields two to five basis points and saving DC Water ratepayers over $55 million in present value debt service savings.

Loop Capital Markets served as the Authority's book-running senior manager. Public Financial Management and G-Entry Principle served as Co-Financial Advisors, and Squire Patton Boggs and Leftwich LLC served as Co-Bond and Co-Disclosure Counsel. The bonds were rated Aa3 by Moody's, AA by Standard & Poor's and AA- by Fitch.

What can you find in this section?

Business Opportunities