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The District of Columbia (“District”) plans the proposed sale of the following bonds (“Bonds”)
through a negotiated sale on or about July 9, 2020.
DISTRICT OF COLUMBIA
Income Tax Secured Revenue Bonds
Income Tax Secured Revenue Bonds, Series 2020C
Tax-Exempt, New Money Bonds
Amortizing May 1, 2022-2045*
Income Tax Secured Revenue Refunding Bonds, Series 2020D
Federally Taxable, Refunding Bonds
Amortizing December 1, 2021-2035*
Citigroup is the Senior Manager on the transaction. Ramirez & Co., Inc. is the Co-Senior
Manager on the transaction.
The issuance of the Bonds is subject to market conditions. No assurance is given that all or any portion of the Bonds will be issued.
This notice does not constitute a recommendation or an offer or solicitation for the purchase or sale of any security or other financial instrument, including the Bonds, or to adopt any investment strategy. Any offer or solicitation with respect to the Bonds will be made solely by means of the final Official Statement relating to such Bonds which will describe the actual terms of such Bonds.
*Preliminary, subject to change
The details of the terms of the bonds and the security therefor and other financial information pertaining to the District is set forth in the Preliminary Official Statement.