
The Los Angeles Community College District (LACCD) was established in 1969 and is located in Los Angeles, California. Its primary purpose is to provide accessible higher education and vocational training to a diverse student body across several campuses. LACCD offers a wide range of programs, including associate degrees, certificate courses, and community education, aiming to serve the educational needs of the local community.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
LOSHGR 6.60% 2042-08-01 USDLos Angeles Community College District | United States | 2042-08-01 | 6.600 | 5.66 |
LOSHGR 6.75% 2049-08-01 USDLos Angeles Community College District | United States | 2049-08-01 | 6.750 | 5.87 |
LOSHGR 7.53% 2029-08-01 USDLos Angeles Community College District | United States | 2029-08-01 | 7.530 | 4.02 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
LACCD has been a significant player in the bond market, beginning its bond issuance program in the early 2000s to fund construction projects and facility upgrades. Notably, in 2001, LACCD secured $3.3 billion in bonds to enhance its infrastructure, which included building new schools and improving existing facilities. Currently, the district's bonds feature competitive yields relative to other educational institutions, and recent issues have garnered attention for their sustainable investment initiatives, positioning LACCD as a leader in the environmentally responsible financing space.