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Los Angeles Community Facilities No. 4 to sell $85.79 million bonds
By Sheri Kasprzak
New York, Aug. 1 – The Los Angeles Community Facilities District No. 4 plans to sell $85,785,000 of series 2014 special tax refunding bonds, according to a preliminary official statement.
The bonds (/BBB/) will be sold on a negotiated basis with Piper Jaffray & Co. as the senior manager.
The bonds are due 2015 to 2031.
Proceeds will be used to refund the district’s series 2003 special tax bonds.
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