Second largest green deal of 2019 and the second largest green offering in California history wins the 2019 Bond Buyer ESG/Green Deal of the Year Award
Siebert Cisneros Shank (now Siebert Williams Shank) served as lead manager for this transaction which closed in February of 2019.
The Los Angeles County Metropolitan Transportation Authority’s transaction of $545 million Proposition C sales tax revenue bonds, which included $418.5 million second-party-verified green bonds, was awarded the inaugural Bond Buyer ESG/Green 2019 Deal of the Year Award, thus becoming one of the ten award winners eligible to win the Deal of the Year Award in December.
The offering was the second largest green deal in 2019, and the second largest green transaction in California history. (See our case study of the LACMTA transaction.)
Read Bond Buyer announces finalists for 2019 Deal of the Year article in The Bond Buyer.