Downey Unified School District Board of Education Meeting Agenda March 2026
BofA Securities Chosen for $36 Million Refunding Bond Underwriting
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Description
Downey USD authorized BofA Securities Inc. as underwriter for selling $36 million in general obligation refunding bonds; underwriter's fee capped at 0.40%.
Contract Details
Contract Amount
Max underwriter's discount 0.40% of $36,000,000
Vendor
BOFA SECURITIES INC
Agency
Downey Adult School, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 8, 2026
Contract Term
Refunding Bonds sales as authorized March 10, 2026 (actual close date not specified)
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