Bonds

Bond Offering

IFA First Lien Water Utility Revenue Bonds Series 2026A (CEG Project) and IFA First Lien Water Utility Refunding Revenue Bonds, Series 2026B (CEG Project) (Forward Delivery)*

IFA First Lien Water Utility Revenue Bonds Series 2026A (CEG Project) and IFA First Lien Water Utility Refunding Revenue Bonds, Series 2026B (CEG Project) (Forward Delivery)*

Indiana Finance Authority First Lien Water Utility Revenue Bonds Series 2026A (Citizens Energy Group Project)
Par Amount
$207,345,000
Tax Status
Tax Exempt
Sale Date
Week of 05/03/2026
Sector
Combined Utility
State
Indiana
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
Week of 05/17/2026
Indiana Finance Authority First Lien Water Utility Refunding Revenue Bonds, Series 2026B (Citizens Energy Group Project) (Forward Delivery)
Par Amount
$171,625,000
Tax Status
Tax Exempt
Sale Date
Week of 05/03/2026
Sector
Combined Utility
State
Indiana
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
Week of 07/05/2026

Additional Information

*Preliminary and subject to change.

Bond Offering Ratings

Moody’s
Aa3
Outlook
Stable
Date
Apr 2026
S&P
AA+
Outlook
Stable
Date
Apr 2026

Senior Manager

RBC Capital Markets

Co-Manager

Barclays
Truist Securities

Bond Counsel

Ice Miller LLP