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Council approves waterworks and sewer revenue bonds issuance; JP Morgan awarded the sale
3442158 · May 22, 2025
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Summary
Sugar Land on May 20 authorized Waterworks and Sewer System Revenue Bonds Series 2025 to finance utility capital projects; JP Morgan Securities won the sale and both rating agencies assigned AA ratings with stable outlooks.
Sugar Land City Council approved Ordinance No. 23-77 on May 20 authorizing issuance of the City of Sugar Land Waterworks and Sewer System Revenue Bonds Series 2025. Finance staff said the issuance will finance utility-related capital projects included in the city's five-year…
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