Board of Water and Power Commissioners Minutes 2026-03-10
Academy Securities to Underwrite LADWP 2026 Bonds
Trusted by teams at
Description
The Board approved Academy Securities, Inc. as part of the underwriting syndicate for LADWP’s 2026 Series A Power System Revenue Bonds under a Contract of Purchase with capped underwriting discounts. The syndicate will purchase the bonds for reoffering to investors.
Contract Details
Contract Amount
Underwriters’ discount not to exceed 1% of aggregate principal; original issue discount, if any, not to exceed 10%
Vendor
ACADEMY SECURITIES INC
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
One-time underwriting engagement associated with the 2026 Series A bond sale.
More from ACADEMY SECURITIES INC
Related Contracts
Florida Housing Finance Corporation Agenda May 2026
RECOMMENDEDCity of Los Angeles Council Meeting Agenda April 2025
APPROVEDLos Angeles City Council Agenda April 22, 2025
APPROVEDlos_angeles_international_airport_subordinate_reve.pdf
APPROVEDDelaware River Joint Toll Bridge Commission Meeting Minutes February 2025
APPROVEDMore from City of Los Angeles - DWP
LA DWP Board of Water and Power Commissioners Meeting Agenda April 28 2026
LA DWP Board of Water and Power Commissioners Meeting Agenda April 28 2026
LA DWP Board of Water and Power Commissioners Meeting Agenda April 28 2026
LA DWP Board of Water and Power Commissioners Meeting Agenda April 28 2026
LA DWP Board Meeting Transcript April 28, 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.