Board of Water and Power Commissioners Minutes 2026-03-10
Alamo Capital Part of LADWP Bond Underwriting Team
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Description
The Board authorized Alamo Capital as part of the underwriting syndicate for LADWP’s 2026 Series A Power System Revenue Bonds, with underwriting compensation governed by the Contract of Purchase terms. The bonds will support Power System capital projects.
Contract Details
Contract Amount
Underwriters’ discount not to exceed 1% of aggregate principal; original issue discount, if any, not to exceed 10%
Vendor
ALAMO CAPITAL
Agency
City of Los Angeles - DWP, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 10, 2026
Contract Term
Single bond issuance for 2026 Series A Power System Revenue Bonds
Renewal Info
Single engagement tied to the 2026 Series A bond issuance.
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