Bonds

featured graphic for California State Treasurer Fiona Ma during COVID-19

California State Treasurer Fiona Ma announced the successful closing of $52,995,000 in tax-exempt bonds issued through the California Educational Facilities Authority (CEFA), chaired by Treasurer Ma, for the benefit of Chapman University (Chapman). Chapman will use the bond proceeds to refund its outstanding CEFA Series 2011 bonds and pay costs …continue reading

featured graphic for California State Treasurer Fiona Ma

California State Treasurer Fiona Ma announced the successful sale of $829.4 million of taxable revenue bonds to benefit a number of projects overseen by the Trustees of the California State University System. The Series 2020B bond sale February 5 also included $207.7 million of refunding bonds to refinance previously issued …continue reading

featured graphic for California State Treasurer Fiona Ma

California State Treasurer Fiona Ma announced the results of the sale of $272.6 million of lease revenue bonds to fund a cutting-edge expansion of California State Teachers’ Retirement System (CalSTRS) headquarters in West Sacramento using innovative designs to achieve energy and resource savings while enhancing workforce well-being. The project is …continue reading

featured graphic for California State Treasurer Fiona Ma

The California Debt Limit Allocation Committee (CDLAC), chaired by California State Treasurer Fiona Ma, on Wednesday unanimously voted to raise the 2019 state bond cap for qualifying private activity bonds to $4,153,489,725, a $2,141,160 increase over the state ceiling set in 2018. At the same time, the committee reaffirmed its …continue reading