$24,815,000 of Certificates issued by The North Hudson Sewerage Authority

12/21/23: The North Hudson Sewerage Authority successfully issued $24,815,000 Gross Revenue Senior
Lien Lease Certificates, Series 2023 authenticated December 21, 2023. Barclays Capital Inc. purchased
the Certificates. S&P Global Ratings assigned the Certificates an insured credit rating of “A+” based
upon a municipal bond insurance policy issued by Build America Mutual Assurance Company; and an
underlying credit rating of “AA”. The Certificates have a true interest cost of 3.7096% and finally mature
on June 1, 2044. JP Capizzi served as Special Counsel and as General Counsel to the Authority in this
financing.