Los Angeles Unified School District eyes tax-exempt G.O. bond offering

By Sheri Kasprzak

New York, Feb. 10 – The Los Angeles Unified School District said Wednesday it is considering the issuance of tax-exempt fixed-rate general obligation bonds as early as the week of Feb. 29.

Citigroup Global Markets Inc. and Wells Fargo Securities LLC will be the joint senior managers for the series 2016A bonds, which will include a refunding portion.

The size, timing and pricing of the deal are all contingent upon market conditions and other factors.

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