Bonds

Bond Offering

San Francisco Bay Area Toll Bridge Revenue Bonds*

San Francisco Bay Area Toll Bridge Revenue Bonds*

San Francisco Bay Area Toll Bridge Revenue Bonds, 2025 Series F-2 (Green Bonds - Climate Bond Certified)
Par Amount
$400,000,000
Tax Status
Tax-Exempt
Sale Date
06/03/2025
Sector
Transportation / Toll Road
State
California
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/18/2025
Call Features
4/1/2035*
San Francisco Bay Area Second Subordinate Toll Bridge Revenue Bonds, 2025 Series SSL-2
Par Amount
$112,965,000
Tax Status
Tax-Exempt
Sale Date
06/03/2025
Sector
Transportation / Toll Road
State
California
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/18/2025
Call Features
Non-callable

Additional Information

*Preliminary, subject to change

Bond Offering Ratings

S&P
AA
Outlook
Stable
Date
May 2025
Fitch
AA
Outlook
Stable
Date
May 2025

Book-Running Senior Underwriter

Wells Fargo Securities

Co-Senior Underwriter

J.P. Morgan

Co-Managers

BofA Securities
Siebert Williams Shank & Co., LLC
Ramirez & Co. Inc.

Municipal Advisor

PFM Financial Advisors, LLC

Bond and Disclosure Counsel

Orrick, Herrington & Sutcliffe LLP