Negotiated Bond: 278184 Department of Water and Power of the City of Los Angeles

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Summary  

Purpose State Par Amount Award Date
Power System Revenue Bonds, 2018 Series D       CA $391,200,000 Awarded 12/10/2018
Lead Manager/Syndicate
Wells Fargo Secs (Lead Underwriter); Siebert Cisneros (Co-Manager); Barclays Capital (Co-Manager); Cabrera Cap Mkts (Co-Manager); Citigroup (Co-Manager); FTN Fin Cap Mkts (Co-Manager); Raymond James (Co-Manager)
Dated Date First Cpn Date Security Type Bank Qualified Bond Form Mdy's/S&P/Fitch
12/20/2018 07/01/2019 Revenue No Book Entry Aa2 / AA / AA

Transactions

MaturityCUSIP$ AmountRateBasis/YieldSpreadInsurerMdy's/S&P/FitchMat
07/01/20195444955F7 2,480,0005.0000 1.450 n/a   Aa2 / AA / AA  2019 
07/01/20205444955G5 2,605,0005.0000 1.530 n/a   Aa2 / AA / AA  2020 
07/01/20215444955H3 2,750,0005.0000 1.580 n/a   Aa2 / AA / AA  2021 
07/01/20225444955J9 2,890,0005.0000 1.660 n/a   Aa2 / AA / AA  2022 
07/01/20235444955K6 3,045,0005.0000 1.730 n/a   Aa2 / AA / AA  2023 
07/01/20245444955L4 3,200,0005.0000 1.800 -30.0   Aa2 / AA / AA  2024 
07/01/20255444955M2 3,375,0005.0000 1.890 -28.0   Aa2 / AA / AA  2025 
07/01/20265444955N0 3,550,0005.0000 2.000 -24.0   Aa2 / AA / AA  2026 
07/01/20275444955P5 11,285,0005.0000 2.150 -16.0   Aa2 / AA / AA  2027 
07/01/20285444955Q3 11,880,0005.0000 2.220 -16.0   Aa2 / AA / AA  2028 
07/01/20295444955R1 12,510,000*5.0000 2.360 -9.0   Aa2 / AA / AA  2029 
07/01/20305444955S9 13,165,000*5.0000 2.470 -4.0   Aa2 / AA / AA  2030 
07/01/20315444955T7 13,860,000*5.0000 2.570 +1.0   Aa2 / AA / AA  2031 
07/01/20325444955U4 14,590,000*5.0000 2.670 +7.0   Aa2 / AA / AA  2032 
07/01/20335444955V2 29,080,000*5.0000 2.760 +10.0   Aa2 / AA / AA  2033 
07/01/20345444955W0 44,850,000*5.0000 2.850 +13.0   Aa2 / AA / AA  2034 
07/01/20355444955X8 55,155,000*5.0000 2.910 +13.0   Aa2 / AA / AA  2035 
07/01/20365444955Y6 22,150,000*5.0000 2.960 +13.0   Aa2 / AA / AA  2036 
07/01/20375444955Z3 23,320,000*5.0000 3.010 +13.0   Aa2 / AA / AA  2037 
07/01/20385444956A7 24,545,000*5.0000 3.060 +13.0   Aa2 / AA / AA  2038 
07/01/20395444956B5 20,890,000*5.0000 3.090 +13.0   Aa2 / AA / AA  2039 
07/01/20435444956C3 45,025,000*5.0000 3.200 +15.0   Aa2 / AA / AA  2043 
07/01/20485444956D1 25,000,000*5.0000 3.250 +15.0   Aa2 / AA / AA  2048 
Call Feature (*Callable) Bonds due 07/01/2029-07/01/2048 callable Jul 1, 2028 at par. 
Notes
Legal Opinion Financial Advisor
Orrick Herrington
San Francisco CA
(415) 773-5700 		Public Resources Advisory Group
Los Angeles CA
(310) 477-8487
As of 12/07/2018
30 Year Treasury 3.14
Bond 0 of 0