The North Hudson Sewerage Authority successfully issued $43,640,000 Gross Revenue Senior Lien Lease Certificates, Series 2026 authenticated July 27, 2026. Barclays Capital Inc. purchased the Certificates. S&P Global Ratings assigned the Certificates an insured credit rating of “AA” based upon a municipal bond insurance policy issued by Assured Guaranty Inc relating to the Certificates maturing on June 1 of the years 2030 through 2042; and an underlying credit rating of “A+”. The Certificates have a true interest cost of 3.6403% and finally mature on June 1, 2042. JP Capizzi served as Special Counsel and as General Counsel to the Authority in this financing.
