Specifications include, but are not limited to: The Massachusetts Clean Water Trust (“the Trust”) requests responses from public finance investment banking and underwriting services firms (“Firms”) that are currently on the State Treasurer’s Office’s (“TRE”) list of Firms that are pre-qualified to provide underwriting and investment banking services to the Commonwealth of Massachusetts (the “Commonwealth”). This RFR will be used to select a book-running senior manager and to assist the Trust in its selection of a syndicate for the Series 25 Green Bonds (“the Green Bonds”) that is expected to include $150 - $200 million of new money tax-exempt series 0F 1 and a potential refunding series. This offering is tentatively scheduled to close in the last quarter of 2023. The Trust intends to select one book-running senior manager, one or more co-senior manager(s), and one or more co-manager(s) from the responding Firms. The Trust reserves the right to include or exclude any Firms and to place such included Firms in any syndicate position it deems appropriate, at its discretion. Any such decisions will be made based on the responses to this RFR and any other factors the Trust determines to be pertinent. Issuance of this RFR in no way constitutes a commitment by the Trust to award a contract. The Trust reserves the right to issue all, some, or none of the indicated par amounts on a negotiated basis. The Trust also reserves the right to select one or more syndicates from the RFR, depending on the actual series of bonds it issues. a. Book-Running Senior Manager i. Develop and present potential financing structures (including optimal sizing considerations) and a proposed sales calendar for financings; ii. Assist TRE and bond counsel in the preparation of legal documentation; iii. Provide assistance in the preparation of the preliminary and final official statements for related bond issues; iv. Participate in the TRE’s solicitation of credit ratings; v. In consultation with TRE, propose, develop and implement a detailed marketing plan for the bond sale. This includes, but is not limited to, preparation of and participation in investor presentations, identification of potential investors, and individual and/or group investor meetings and calls; vi. Provide investor feedback on pricing, structure, and reverse inquiry; vii. Prepare and deliver preliminary pricing information to TRE prior to the scheduled sale; viii. Actively engage and manage all members of the syndicate in accordance with TRE’s stated financing objectives;