Home / Education / LA Arts School Seeks $117M Bond for Expansion
LA Arts School Seeks $117M Bond for Expansion
10 Aug
Summary
- Colburn School plans to borrow $117 million via municipal bonds.
- This is the largest private school bond deal in two years.
- Funds will support ongoing construction of school facilities.
A performing arts school situated in Los Angeles is set to borrow $117 million in the municipal bond market. This transaction, scheduled for Tuesday, represents the most substantial private school financing deal in the past two years.
The Colburn School intends to utilize the substantial sum to finance the ongoing construction of its facilities. This expansion aims to bolster the school's capacity and resources.
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