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The MBTA’s $370 million deal includes the first tax-exempt sustainability bonds issued in the United States.

The $1.3 billion inaugural financing from the Great Lakes Water Authority unlocked substantial debt service savings.

Cambridge, Mass.’ $2 million minibonds allowed it to respond to an unmet need of its residents.

The deal was the largest aggregate financing and the largest taxable issuance by a 501(c)3 healthcare institution.

The Kentucky EDFA’s deal for Owensboro Health was the first use of bond insurance and a surety bond in place of a debt service reserve in the sector since the credit crisis.

Missoula, Mont.’s $138 million BAN sale was the culmination of over six years of legal battles to purchase a water system through eminent domain.

The Fort Worth Transportation Authority's first-ever transaction was a $325 million private placement.

The Bay Area Toll Authority’s $1.9 billion sale was part of its San Francisco Bay Area Toll Bridge Seismic Retrofit Program.

Municipal market participants are preparing and bracing for a market without advance refundings and perhaps private activity bonds as major tax changes draw closer. Municipal issuers are coming together and giving the market one last gasp of these types of bonds before they are no longer allowed to do so and in the process, have created what could potentially be a historic $17.4 billion of issuance.

The holiday shopping season begins in earnest this week as municipal bond issuers offer buyers a slew of new tax-exempt deals as they rush to beat possible changes to the tax code for 2018.