District Approves Underwriting Agreement With Jefferies LLC
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Description
County Sanitation District No. 34 approved a Bond Purchase Agreement with Jefferies LLC as representative underwriter for the 2026 Joint Outfall System revenue bonds. The agreement authorizes Jefferies to purchase bonds of up to $510 million in aggregate principal, with specified limits on underwriters’ discount, interest cost, and final maturity.
Contract Details
Vendor
JEFFERIES LLC
Agency
Los Angeles County Sanitation Districts, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 24, 2026
Contract Term
Bonds to mature no later than October 1, 2057
Renewal Date
2057-10-01
Renewal Info
Single bond underwriting engagement for the 2026 Series A issuance; no renewals specified. Bonds must have final maturity no later than October 1, 2057 and true interest cost not exceeding 5.25%.
More from JEFFERIES LLC
Issuing Agency
Special District
Whittier, CA
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County Sanitation District No. 34 Board of Directors Agenda Packet 2026-06-24
County Sanitation District No. 34 Board of Directors Agenda Packet 2026-06-24
County Sanitation District No. 34 Board of Directors Agenda Packet 2026-06-24
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