By Zaeem Shoaib
Washington, D.C., plans to sell $929.6 million of bonds to pay for capital project expenditures under the district's capital improvements plan.
The district will sell $387.5 million of Series 2026A General Obligation Bonds and $542 million of Series 2026B General Obligation Refunding Bonds due on June 1 from 2027 through 2046, according to documents posted Tuesday on MuniOs.
Interest on the bonds is payable semiannually on each June 1 and Dec. 1.
The bonds are expected to price on Feb. 10, with closing expected on March 3.
The district's capital improvements plan for 2026 to 2031 lists $10.7 billion of capital funds from a variety of sources for the period. It assumes about $1.8 billion of long-term, income tax secured revenue bonds or general obligation bonds supporting the plan during 2026 and about $5.8 billion of such bonds supporting it over the six-year period.
The plan includes expenditures related to the public-education system, human-support services, and operations and infrastructure, among other things.
Fitch Ratings and S&P Global Ratings have both assigned ratings of AA+ to the bonds, while Moody's has rated them Aa1.
Barclays and Siebert Williams Shank are acting as lead managers on the issuance.
Write to Zaeem Shoaib at zaeem.shoaib@wsj.com
(END) Dow Jones Newswires
January 21, 2026 12:12 ET (17:12 GMT)
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