BofA Securities Advises on 2026 Bond Insurance Structure
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Description
BofA Securities Inc., acting as senior manager for the Authority’s 2026 Bonds, worked with staff and the municipal advisor to assess the costs and benefits of purchasing bond and reserve insurance from Assured Guaranty. This analysis informed the financing structure for the 2026 Bonds.
Contract Details
Vendor
BOFA SECURITIES INC
Agency
Burbank-Glendale-Pasadena Airport Auth, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 16, 2026
Renewal Info
Senior manager engagement for the 2026 Bonds; detailed underwriting agreement terms and any future extensions are not described in the excerpt.
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