Laserfiche WebLink
RFP No. 21-025 <br />EXHIBIT B <br />California Pension <br />Issuance Summary <br />Por <br />tint I)atP. ISSIIPr ISSl1P <br />$mm <br />Obligation <br />Roting•: <br />SSaI'/M/r <br />Fines <br />Maturity <br />r <br />Bond Structure <br />Find Ro po y rncnr <br />UAL Structure <br />All In <br />IIC <br />Pricing Result <br />30 TIC <br />yeat 5 read to <br />11/19/20 Cnacllell.i <br />PUBS <br />>1/.60 <br />AA-/-/ <br />2(136 <br />2045 <br />1. h8x� <br />141 <br />11/1?/?0 <br />POn, <br />1nI.5o <br />AA / / <br />7039 <br />1041A <br />pvCl <br />3.3yg <br />1.7596 <br />1S8 <br />10/27/20 Arcadia <br />POBs <br />90.00 <br />AAA/-/- <br />2010 <br />20M <br />Level <br />2.70'A <br />157% <br />113 <br />O')/17/20 Azusa <br />PUBS <br />7u.08 <br />AA-/-/- <br />2040 <br />2U45 <br />Level <br />3. 1114 <br />1.43M <br />170 <br />08/13/20 Ponlono <br />LRus <br />219.89 <br />AA -/-/A+ <br />2046 <br />2u46 <br />PruporLiun]l <br />3.SYY <br />1. 38'% <br />214 <br />07/74/70 Wcst Cnvinn <br />Pnnr: <br />7n4. 10 <br />A+/-/- <br />7044 <br />7n44 <br />Prnpnrrinn,l <br />3. GR% <br />1J4% <br />?44 <br />O0/09/20 El Moms <br />POb <br />117.73 <br />A+/ /A <br />2050 <br />2043 <br />PIOPurLional <br />3,3856 <br />1.S356 <br />185 <br />06/08/20 Carson <br />P08s <br />108.02 <br />AA-/-/- <br />20SO <br />2013 <br />Proportional <br />3. 71W, <br />1.5046 <br />212 <br />oh/(M/Jo Riverside City <br />PUhs <br />41J 1/ <br />AA/ -/AA- <br />A( <br />704ti <br />Pinpnrtinnal <br />:i. (i946 <br />I L. <br />J)8 <br />nG/n2/2n Inelcwpod <br />POOs <br />101.62 <br />AA / / (AGM) <br />2050 <br />2046 <br />Pro purli(inal <br />3. 91'Ya <br />1.48'% <br />243 <br />05/0/)O Ontario <br />PORs <br />736. 59 <br />AA/ -/AA- <br />7050 <br />7049 <br />Proportional <br />3. 7>ry� <br />'1. 389(. <br />734 <br />04/22/20 eivcrsicic Co <br />I.OBs <br />/20.00 <br />AA/A2/ <br />2038 <br />2046 <br />Proportional <br />3.53% <br />1.229/ <br />231 <br />02/05/20 Pasadena <br />Po Bs <br />131. fit <br />AAA/-/- <br />2045 <br />2043 <br />Proportional <br />3.06% <br />2. 14% <br />92 <br />19 [;Itn(Ip r, <br />POII, <br />64.40 <br />AAA/-/- <br />1044 <br />7046 <br />Prppwti,,,.A <br />7. <br />.11% <br />/4 <br />09/24/19 Haw Lhornc <br />POB, <br />121.87 <br />AA /A3/ <br />2049 <br />2045 <br />Lcvcl <br />3. G1A <br />2.09% <br />152 <br />U7/25/18 La Verne <br />POEs <br />94.27 <br />AA./-/- <br />2U44 <br />2046 <br />Level <br />4. 26% <br />3. 06M <br />120 <br />U]/31/18 Iulore County <br />Pous <br />251.22 <br />AA -/Al/- <br />2U3/ <br />203/ <br />Level <br />4.23% <br />3. uu% <br />123 <br />10/30117 Mnnnoviv <br />POR.. <br />911 :, <br />AA / / <br />2c.47 <br />2n47 <br />Lcvcl <br />4.07,% <br />2. R3% <br />122 <br />10 31 17 Ine.1cwood <br />POD, <br />S2,80 <br />A3 AGM <br />2047 <br />2,347 <br />Levcl <br />4.55% <br />2.88Y, <br />1G7 <br />In addition to POB's issued to date, eleven agencies have initiated the process to issue bonds. <br />Three Orange County cities are in the process of issuing bonds including Orange, Huntington <br />Beach and Placentia. The total UAL for these agencies is over $2 billion (see chart below). <br />Chul, Vista <br />Huntington <br />Beach <br />nraneP <br />Downey <br />FI Cajon <br />Monterey Park <br />Corolla <br />Manhattan <br />Beach <br />5350,000,000 <br />67.10% <br />67.40% <br />69.60% <br />70.40% <br />440,000.000 <br />71.50% <br />72.60% <br />64.80% <br />65.500/ <br />mn,n00,000 <br />71J0% <br />71_?09/, <br />67709/, <br />68110% <br />200,000,000 <br />68.40% <br />68.60% <br />66.50% <br />66.40r <br />150,000,000 <br />6690% <br />67.40% <br />61.50% <br />62.00% <br />110,000,000 <br />69.80% <br />70.50% <br />70.20% <br />71.30% <br />272,D00,000 <br />65.400L <br />67.90% <br />64.500/ <br />63.509/ <br />92,000,000 <br />76.10% <br />76.10% <br />71.50% <br />71.00% <br />Covina <br />72,000,000 <br />68.00% <br />68.00% <br />68,00% <br />69.00% <br />Commerce <br />31,000,000 <br />70.DOW <br />71.00% <br />NA <br />NA <br />Whittier <br />143,1300,DDO <br />74.00% <br />75.00% <br />59,00% <br />60.00% <br />Uuland <br />120.000.000 <br />68.00% <br />68.40% <br />67.00% <br />68.60% <br />POR Sale in 7071 QI <br />POB Sale in 2021 Q1 <br />Validation approved Aug.. <br />7n7n <br />POB Sale in 2D21 Q1 <br />POR Sale 2070 Q4 <br />POB Sale 2021 Q1 <br />POB Sale in 2021 Q2 <br />POB Sale in 2021 Q1 <br />Volidation Initiated in Dec. <br />2020 <br />Validation Initiated in 7071 <br />Validation Initiated in 2021 <br />Validation Initiated in 2021 <br />As previously stated above, the City's projected $709.9 million UAL is comprised of 46 <br />Amortization Bases with corresponding Amortization Schedules. These bases represent a series <br />of "loans', with a fixed repayment schedule with a 7.0`lO interest rate. <br />City Council 23 - 51 5/18/2021 <br />