Municipal Advisor Disclosure

Municipal Advisor Disclosure to Underwriters

The New York City Transitional Finance Authority (the “Authority”) has retained Public Resources Advisory Group, Inc. (“PRAG”) and Frasca & Associates, LLC (“Frasca”) to serve as municipal advisors, and Mohanty Gargiulo LLC (“Mohanty”) to serve as swap advisor through September 30, 2022. PRAG, Frasca and Mohanty will represent the Authority and the Authority will rely on them to provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products generally (including investments of bond proceeds and escrow investments). The contact person at PRAG is Andrew Evanchik. The contact person at Frasca is Sonia M. Toledo. The contact person at Mohanty is Seema Mohanty.

Accordingly, this certificate may be relied upon until September 30, 2022, or until its earlier withdrawal (notice of which will be posted on this website). If a proposal received will be seriously considered by the Authority, the Authority will share the proposal with its municipal advisor(s). The Authority makes no representation as to the independence of its municipal advisors with respect to any individual municipal market participant.