Bonds

Bond Offering

Lower Colorado River Authority Refunding Revenue Bonds Series 2026A and 2026B*

Lower Colorado River Authority Refunding Revenue Bonds Series 2026A and 2026B*

Refunding Revenue Bond Series 2026A
Par Amount
$266,415,000
Tax Status
Tax-Exempt
Sale Date
06/02/2026
Sector
Power / Gas
State
Texas
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/25/2026
Refunding Revenue Bond Series 2026B
Par Amount
$34,420,000
Tax Status
Taxable
Sale Date
Week of 05/31/2026
Sector
Power / Gas
State
Texas
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/25/2026

Additional Information

*Preliminary, subject to change

Bond Offering Ratings

S&P
A+
Outlook
Stable
Date
May 2026
Rating Reports
Fitch
AA-
Outlook
Stable
Date
May 2026
Rating Report
Moody’s
A2
Outlook
Stable
Date
May 2026
Rating Report

Lead Manager

J.P. Morgan Securities, LLC
Investor Marketing Group
(212) 270-0648

Co-Manager

RBC Capital Markets
Wells Fargo Corporate & Investment Banking
BofA Securities, Inc.
Truist Securities

Bond Counsel

McCall, Parkhurst & Horton L.L.P

Financial Advisor

Specialized Public Finance
Steven A. Adams, CFA
(214) 373-3911