07.28.2025

Massachusetts Development Finance Agency
Beth Israel Lahey Health Issue, Series N (2025)

PRELIMINARY OFFICIAL STATEMENT 
https://www.munios.com/munios-notice.aspx?e=3B4IE

AGGREGATE PAR AMOUNT
*$930,000,000             

RATING
Moody’s: A3 (stable outlook); S&P: A (negative outlook)                                                          

SALE DATE
*week of August 4, 2025

BOND TYPE
Tax-Exempt Revenue Bonds

METHOD OF SALE
Negotiated

UNDERWRITER REPRESENTATIVES

Goldman Sachs & Co. LLC

Rondy Jennings, Managing Director
Rondy.jennings@gs.com | 212-902-6484

BofA Securities, Inc.
Jeffrey Newhams, Managing Director
Jeffrey.newhams@bofa.com | 646-743-1375

FINANCIAL ADVISOR

PFM Financial Advisors LLC
Brian Carter, Managing Director
carterb@pfm.com | 215-814-1962

 *Preliminary, subject to change