Los Angeles Community College to price $875 million BABs July 19

By Sheri Kasprzak

New York, June 25 - The Los Angeles Community College District is set to price $875 million in series 2010 Build America Bonds on July 19, according to a sales calendar.

The bonds (Aa2/AA/) will be sold through Citigroup Global Markets Inc. with De La Rosa & Co.; Morgan Stanley & Co. Inc.; Backstrom McCarley Berry & Co. LLC; Bank of America Merrill Lynch; Goldman, Sachs & Co.; Ramirez & Co. Inc.; and Siebert Brandford Shank & Co. LLC as the co-managers.

Proceeds will be used to install upgraded emergency lighting and security systems at all community colleges in the city, improve and add walkways, sidewalks and roads at the campuses and construct energy infrastructure systems.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.