... Revenue Bonds, Series 2019 B and $41,000,000 General Revenue Refunding Bonds, Series 2019C (Green Bonds) via negotiated sale the week of May 6. Security: The bonds are secured by a first lien on net revenues of the Massachusetts Water Resources Authority (MWRA, or the authority), derived largely from wholesale rates and charges assessed on local units of government. The subordinate lien bonds are payable from a second lien on net authority revenues, subordinate only to the authority's lien securing its senior lien obligations. Purpose: Proceeds will be used to fund a portion of the authority's capital program, refund a portion of the authority's outstanding bonds for interest savings (without extension of maturity) and pay costs of issuance. Final Maturity: Aug. 1, 2043...
