CHICAGO – Feb. 23, 2026 – Global law firm Greenberg Traurig, LLP served as underwriters’ counsel in connection with the $528.99 million bond issuance by the Chicago Transit Authority, consisting of: $500.7 million Second Lien Sales Tax Receipts Revenue Project and Refunding Bonds, Series 2026A, and $28.29 million Sales Tax Receipts Revenue Refunding Bonds, Series 2026B.
Proceeds of the bonds will be used to finance capital projects, refund outstanding notes, and fund the purchase price of tendered bonds.
The underwriting syndicate was led by Wells Fargo Securities, with BofA Securities and J.P. Morgan serving as co-senior managers, along with American Veterans Group, PBC, Blaylock Van, LLC, San Blas Securities, and Stern Brothers as co-managers.
The Greenberg Traurig team advising the underwriters was led by Public Finance & Infrastructure Shareholder Lorraine M. Tyson and Public Finance & Infrastructure Of Counsel Lance C. Tyson, both based in Chicago.
The Chicago Transit Authority operates the nation’s second-largest public transportation system, providing bus and rail service throughout Chicago and 35 surrounding suburbs, and serves as a key component of the six-county northeastern Illinois regional transit network.