Bonds

Bond Offering

ILPIBB 2026A Bonds (Metro Thoroughfare District IndyRoads Projects)

ILPIBB 2026A Bonds (Metro Thoroughfare District IndyRoads Projects)

Par Amount
$65,390,000
Tax Status
Federally Tax-Exempt/ Indiana State Tax-Exempt
Sale Date
08/11/2026
Sector
Pool / Bond Bank / Conduit
State
Indiana
Bond Type
Fixed Rate
Method of Sale
Competitive
Closing Date
08/25/2026

Additional Information

a portion of this deal is a Tender opportunity.

-----

The Bond Bank has issued an Invitation to Tender for owners of its Series 2020E Metropolitan Thoroughfare District IndyRoads Bonds. Tendered and accepted bonds will be bought at the prices and terms outlined in the Invitation and cancelled on the Settlement Date, with funds for the purchases and related costs coming from the Series 2026A Bond proceeds.

The Bond Bank reserves the right to conduct future tender or exchange offers and may redeem non‑tendered bonds according to existing terms. The full Invitation is available on EMMA (http://emma.msrb.org), and J.P. Morgan Securities LLC is serving as Dealer Manager.

Bond Offering Ratings

Moody’s
Aaa
Outlook
Stable
Date
Jul 2026
Rating Report

Underwriter

J. P. Morgan

Municipal Advisor

Sycamore Advisors
Diana Hamilton
317-631-1900

Bond Counsel

Bose McKinney & Evans LLP

Underwriter's Counsel

Ice Miller
Tyler Kalachnik
(317) 236-2116