The Long Island Power Authority in New York plans to return to the municipal bond market next week with its first-ever Build America Bond deal.

LIPA expects to price $210 million of new-money taxable BABs on May 5 and $200 million of tax-exempt refunding bonds on May 4 on its senior-lien credit. The deal follows an upgrade last week from Fitch Ratings.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.