Massachusetts COMMBUYS #BD-27-1108-TREWP-WPA00-133027

Senior Managing Underwriter Services for Massachusetts Clean Water Trust Series 28 Green Bonds

This opportunity is for pre-qualified financial firms to serve as Senior Managing Underwriter for the Massachusetts Clean Water Trust's Series 28 Green Bonds, with an expected par amount of $400 million. - Government Buyer: - Massachusetts Clean Water Trust, managed by the Office of the State Treasurer - Procurement contact: Jonathan Maple, Procurement Manager - Services Requested: - Senior Managing Underwriter services for Series 28 Green Bonds - Responsibilities include underwriting, marketing, and managing the negotiated bond issuance - Tasks: developing financing structures, assisting with legal documentation, preparing official statements, participating in credit rating solicitations, implementing a marketing plan, investor presentations, pricing, syndicate management, and post-financing evaluation - Unique Requirements: - Firms must be pre-qualified as underwriters for the Commonwealth - Demonstrated experience with state revolving funds and bond issuances required - Compliance with minimum qualifications including licensing and capital requirements - Ability to underwrite unsold balances if necessary - No OEMs or product vendors are named, as this is a financial services solicitation - Estimated contract value: $400 million (par amount of bonds to be managed) - Period of performance covers all activities related to structuring, marketing, and sale of the Series 28 Bonds, with pricing and closing expected in February of the following year after solicitation

Description

The Massachusetts Clean Water Trust (MCWT) is soliciting responses to serve as Senior Managing Underwriter for its Series 28 Bonds, with an expected new money par amount of $400 million. The offering is tentatively scheduled to price and close in February 2027 and does not anticipate issuing refunding bonds. The selected firm(s) will be responsible for underwriting, marketing, and managing the bond issuance to achieve the Trust's financing goals. The solicitation includes detailed requirements for qualifications, submission deadlines, and evaluation criteria. The project is managed by the Office of the State Treasurer and involves bond issuance and related financial presentations.

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