GNLA Uses Interest Rate Swaps with Wells Fargo
Camino Nuevo Elementary #3 DistrictSchool · Los Angeles, CA- Document date
- Oct 29, 2020
The 30-second brief
Grupo Nuevo Los Angeles manages interest rate exposure on its facility bonds through two swap agreements with Wells Fargo Bank, converting variable-rate obligations to fixed rates. The swaps cover over $10.2 million in notional debt and are recorded as a liability at June 30, 2020.
Wells Fargo Bank holds this financial services contract with Camino Nuevo Elementary #3 District. Its other public contracts on record include work for Placentia Library District and Hawaii Department of Agriculture and Biosecurity - Chairperson s Office | State of Hawaii.
Term as filed: Swap termination dates coincide with final maturities of related debt.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Document date
- October 29, 2020
- Term
- Swap termination dates coincide with final maturities of related debt
- Vendor
- Wells Fargo Bank
- Source document
- camino-nuevo-elementary-3-district-agenda-2020-10-29_69f.pdf (Agenda)
Wells Fargo Bank's other public contracts
More Camino Nuevo Elementary #3 District contracts
Questions about this contract
Who was awarded the financial services contract by Camino Nuevo Elementary #3 District?
Wells Fargo Bank was awarded this financial services contract by Camino Nuevo Elementary #3 District, as recorded on October 29, 2020.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in camino-nuevo-elementary-3-district-agenda-2020-10-29_69f.pdf (Agenda), dated October 29, 2020 from Camino Nuevo Elementary #3 District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Wells Fargo Bank hold?
Wells Fargo Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
Show 1 more question
What is Camino Nuevo Elementary #3 District currently buying?
Explore Camino Nuevo Elementary #3 District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.