
The Los Angeles County Public Works Financing Authority, established to enhance the funding capabilities for public infrastructure projects, is a public entity based in Los Angeles, California. Its primary purpose is to facilitate the financing of essential public works by issuing bonds and managing funds to support community developments and infrastructure enhancements.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
LOSFAC 7.62% 2040-08-01 USDLos Angeles County Public Works Financing Authority | United States | 2040-08-01 | 7.618 | 5.70 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Authority has issued bonds to finance critical projects, with its first bond issuance occurring in the early 1990s. Notably, recent bond issuances have included financing for major improvements to transportation infrastructure, with current yields positioned competitively against industry benchmarks. The Authority offers various features such as flexible repayment terms and tax-exempt status, making its bonds attractive to retail investors, while staying aligned with California’s evolving infrastructure needs.