Strong Demand for LAX Bonds
Los Angeles Department of Airports bonds continue to receive a healthy reception as the operator of Los Angeles International Airport hits the halfway mark on a $7.2 billion modernization project slated for completion in 2019.
De La Rosa & Co. priced $241.8 million in bonds in a two-part deal on Nov. 6 following a retail order period the day before. Closing and delivery are scheduled for Nov. 19.
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