11.11.2024
This was the largest municipal bond financing of the year. The refunding of over $2.6 billion in Build America Bonds was effected by, among other things, navigating state refunding laws and federal subsidy reductions and leveraging extraordinary redemption provisions to generate approximately $175 million in property tax savings for District taxpayers.
| Project | Los Angeles Unified School District | 
| Role | Bond Counsel | 
| Award | The Bond Buyer Far West Deal of the Year Award | 
| Issue Size | $2.97 billion | 
| Issuer | Los Angeles Unified School District | 
| Ratings | Fitch: AAA KBRA: AAA Moody鈥檚: Aa2 |