Bonds

Bond Offering

$1,600,210,000* District of Columbia (Washington, DC), General Obligation Bonds

$1,600,210,000* District of Columbia (Washington, DC), General Obligation Bonds

General Obligation Bonds, Series 2024A*
Par Amount
$690,745,000
Tax Status
Tax-Exempt
Sale Date
09/10/2024
Sector
County / City / Town
State
District of Columbia
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
10/02/2024
General Obligation Refunding Bonds, Series 2024B*
Par Amount
$319,155,000
Tax Status
Tax-Exempt
Sale Date
09/10/2024
Sector
County / City / Town
State
District of Columbia
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
10/02/2024
General Obligation Refunding Bonds, Series 2024C*
Par Amount
$590,310,000
Tax Status
Tax-Exempt
Sale Date
09/10/2024
Sector
County / City / Town
State
District of Columbia
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
10/02/2024

Additional Information

$1,600,210,000* General Obligation Bonds

Comprised of

$690,745,000*

General Obligation Bonds, Series 2024A,

&

$319,155,000*

General Obligation Refunding Bonds, Series 2024B

&

$590,310,000*

General Obligation Refunding Bonds, Series 2024C

The District of Columbia (the “District”) is evaluating the potential issuance of one or more tax-exempt series of General Obligation Bonds and General Obligation Refunding Bonds (the “Series 2024A Bonds,” the “Series 2024B Bonds,” and the “Series 2024C Bonds,” collectively, the “Bonds”), at one or more times, through a negotiated sale on or around September 10, 2024* through a syndicate led by Siebert Williams Shank & Co., LLC. The potential issuance of the Bonds is referred to herein as the “Potential Transaction.” The District is under no obligation to pursue any transaction or any particular structure and reserves the right to change or modify its plans as it deems appropriate. No assurance is given that all or any part of the Potential Transaction will occur. The Potential Transaction, if pursued, may be discontinued at any time.

*Preliminary, subject to change.

Bond Offering Ratings

Moody's
Aaa
Outlook
Negative
Date
Aug 2024
S&P
AA+
Outlook
Stable
Date
Aug 2024
Fitch
AA+
Outlook
Stable
Date
Aug 2024
Roadshow for District of Columbia (Washington, DC)
General Obligation Bonds, Series 2024A and General Obligation Refunding Bonds, Series 2028B & 2024C Investor Presentation
Roadshow for District of Columbia (Washington, DC)
General Obligation Bonds, Series 2024A and General Obligation Refunding Bonds, Series 2028B & 2024C Investor Presentation