The Massachusetts Bay Transportation Authority is eager to sell $350 million of new-money assessment bonds, once market conditions allow for the agency to issue long-term debt.

Ideally, the MBTA would like to sell the debt next week, but can afford to hold off if the market fails to offer attractive rates, according to chief financial officer Jonathan Davis. JPMorgan as book-runner will lead a banking syndicate of co-senior managers that include Barclays Capital, Citi, Goldman, Sachs & Co., and Ramirez & Co. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo PC is bond counsel. There is no outside financial adviser. The bonds will not be insured.

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