Bond Insurance/Rating Agency Presentation

As part of the bond structuring process, California Financial Services and the District underwriters will prepare a comprehensive bond insurance presentation. A meeting in New York with the bond insurer, Financial Security Assurance will then be scheduled. The superintendent, at least one Board member (maximum of two allowed by the Brown Act) and a fiancial/project staff member are typically involved in presenting the District's plan to the bond insurer. Some planning and rehearsal, including preparing the Board member is required to give the kind of polished performance that makes a difference in securing the bond insurance required to obtain the highest possible credit rating of Aaa/AAA.

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Last modified: March 16, 2004

Disclaimer: This website is the sole responsibility of Mike McMahon. It does not represent any official opinions, statement of facts or positions of the Alameda Unified School District. Its sole purpose is to disseminate information to interested individuals in the Alameda community.