New York’s Metropolitan Transportation Authority wants ideas on how to create a new credit with revenue streams enacted in last year’s state bailout, according to its first request for proposals for underwriting services in five years.

The RFP, which includes a request for swap counterparties, was released Friday. Responses to the MTA, which operates the largest mass transit system in North America, are due by June 30. 

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.