California State Treasurer Fiona Ma announced results of a $1.1 billion General Revenue Bond sale to benefit various projects overseen by the Regents of the University of California. The $702.3 million 2022 Series BK tax-exempt bonds and the $65.2 million 2022 Series BL taxable bonds will finance or refinance certain …continue reading
California State Treasurer Fiona Ma announced the successful sale today of $35 million in tax-exempt conduit revenue bonds for Art Center College of Design (Art Center), in Pasadena. The sale was approved by the California Educational Facilities Authority (CEFA), chaired by Treasurer Ma. Proceeds of the bonds will be used …continue reading
California State Treasurer Fiona Ma announced the sale of $533.8 million in California Department of Water Resources (DWR) Water System Revenue Bonds to finance certain State Water Project capital improvements and refund previously issued debt. The refunding bonds are expected to save $20.3 million in debt service costs over the …continue reading
State Treasurer Fiona Ma announced the sale of $577 million in tax-exempt revenue bonds for CommonSpirit Health system, one of the largest non-profit hospital systems in the United States with 137 hospitals in 21 states, including 31 in California, through the California Health Facilities Financing Authority (CHFFA). Proceeds of the …continue reading
California State Treasurer Fiona Ma, chair of the California Health Facilities Financing Authority (CHFFA), announced approval of up to $376 million in tax-exempt and taxable conduit revenue bonds for PIH Health, Inc. (PIH) to finance the renovation, expansion and equipping of multiple health facilities in Los Angeles County. PIH also …continue reading
California State Treasurer Fiona Ma announced the sale of $500 million in revenue bonds for the State’s No Place Like Home (NPLH) program, a groundbreaking effort to use voter-approved income tax revenues earmarked to help relieve the state’s homeless problem. The bonds sold are designated as “Social Bonds” because they …continue reading