District of Columbia Water and Sewer plans $300 million 100-year bonds

By Sheri Kasprzak

New York, June 30 – The District of Columbia Water and Sewer Authority plans to price $300 million of series 2014A public utility senior lien revenue bonds, said a preliminary official statement.

The bonds(Aa2/AA+/AA) are due Oct. 1, 2114.

Goldman, Sachs & Co. and Barclays will be senior managers for the negotiated sale.

Proceeds will be used to finance capital improvements to the district’s water and sewer system.

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