05.21.2025

Massachusetts Development Finance Agency Revenue Bonds, Sterling and Francine Clark Art Institute Issue, Series 2025

PRELIMINARY OFFICIAL STATEMENT: 
https://www.munios.com/munios-notice.aspx?i=N6GF7h9eB1T2

PAR AMOUNT:
*$18,370,000 

RATING:
Aa3 Moody’s / AA S&P           

SALE DATE:
*May 28, 2025

BOND TYPE:
Tax-Exempt Revenue Bonds

METHOD OF SALE:
Negotiated

UNDERWRITER REPRESENTATIVE:

Morgan Stanley & Co. LLC
Eric Wild, Managing Director
eric.wild@ms.com | 212-761-7471

FINANCIAL ADVISOR TO THE CLARK:

PFM Financial Advisors LLC
Jeremy Bass, Managing Director
bassj@pfm.com | 617-502-5644

*Preliminary, subject to change