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255 Greenwich Street, 6th Floor ▪ New York, NY 10007-2106 ▪ Telephone: (212) 788-5876
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FOR IMMEDIATE RELEASE

Date: Monday, May 18, 2026
Contact:
City Hall Press Office 212-788-2958
David Womack, Deputy Director, Mayor’s Office of Management and Budget 212-788-5872
Andrew Rothbaum, Director of Investor Relations, Mayor’s Office of Management and Budget 212-788-5876
Shaquana DeVissiere, Press Secretary, Office of NYC Comptroller Mark Levine 212-669-2109
Jay Olson, Deputy Comptroller for Public Finance, Office of NYC Comptroller Mark Levine 212-669-8334

NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY
ANNOUNCES DETAILS OF ITS UPCOMING SALE OF
$2.15 BILLION FUTURE TAX SECURED SUBORDINATE BONDS

The New York City Transitional Finance Authority (“TFA”) announced today the details of its upcoming sale of approximately $2.15 billion future tax secured subordinate bonds, comprised of $2.07 billion of tax-exempt fixed rate bonds and $75 million of taxable fixed rate bonds.

Proceeds from the sale will be used to refund certain outstanding bonds for savings and to fund capital projects.

Subject to market conditions, pricing for the bonds will take place on Wednesday, May 27, 2026, via negotiated sale through TFA’s underwriting syndicate led by book-running lead manager Ramirez & Co., Inc., with BofA Securities and Jefferies serving as co-senior managers.

Retail investors will have priority in placing orders during a one-day retail order period on Tuesday, May 26, 2026.

The Preliminary Offering Circular and investor presentation are expected to be available at www.bondlink.com/nyc-tfa-2026GHI on or about May 18, 2026.

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