Bonds

Bond Offering

Water and Sewer System Revenue Bonds, Series 2026*

Water and Sewer System Revenue Bonds, Series 2026*

Par Amount
$555,575,000
Tax Status
Tax-Exempt
Sale Date
06/04/2026
Sector
Water / Sewer
State
North Carolina
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/18/2026
Call Features
Callable on 7/1/2036

Other Issuer Documents

Additional Information

*Preliminary and subject to change

Bond Offering Ratings

Moody’s
Aaa
Outlook
Stable
Date
May 2026
Rating Report
S&P
AAA
Outlook
Stable
Date
May 2026
Rating Report

Senior Managing Underwriter

BofA Securities

Co-Managing Underwriter

J.P. Morgan
PNC Capital Markets LLC
Ramirez & Co.
Wells Fargo Securities

Trustee

U.S. Bank

City Financial Advisor

DEC Associates, Inc

Financial Consultant

First Tryon Advisors

Bond Counsel

Parker Poe Adams & Bernstein LLP

City Counsel

Andrea Leslie-Fite, Esq.

Underwriter's Counsel

McGuireWoods LLP