The Department of Water and Power of the City of Los Angeles (LADWP), established in 1902, serves as a publicly owned utility located in Los Angeles, California. Its primary mission is to deliver reliable water and electricity services to millions of residents and businesses across the city. LADWP's key offerings include sustainable water management, renewable energy initiatives, and comprehensive customer support services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LOSUTL 4.41% 2037-07-01 USDDepartment of Water and Power of the City of Los Angeles | United States | 2037-07-01 | 4.413 | 5.24 |
| LOSUTL 6.01% 2039-07-01 USDDepartment of Water and Power of the City of Los Angeles | United States | 2039-07-01 | 6.008 | — |
| LOSUTL 6.57% 2045-07-01 USDDepartment of Water and Power of the City of Los Angeles | United States | 2045-07-01 | 6.574 | 5.98 |
| LOSUTL 6.60% 2050-07-01 USDDepartment of Water and Power of the City of Los Angeles | United States | 2050-07-01 | 6.603 | 6.09 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
LADWP began issuing bonds in the 1920s to finance infrastructure projects, with significant issuances supporting the construction of the aqueducts and power plants that still serve the region today. Recently, its bond offerings have included green bonds aimed at funding renewable energy projects, reflecting an increasing emphasis on sustainability and environmental responsibility. Current yields on LADWP bonds are competitive within the industry, often reflecting market conditions and strategic plans, with notable recent issuances being utilized for grid modernization and water supply enhancements.