Keygent Advises on Menlo Park City School District Bond Refunding

Keygent Advises on Menlo Park City School District Bond Refunding

Keygent was recently mentioned by The Almanac in its article titled, “Menlo Park school district bond refinancing saves $3.7 million.” Keygent served as financial advisor to Menlo Park City School District (the “District”) on its school bond refunding, which will save the District’s taxpayers over $3.7 million in the form of lower property tax bills.

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Keygent Advises on $160 Million Beverly Hills Unified School District Bonds

Keygent Advises on $160 Million Beverly Hills Unified School District Bonds

Keygent Vice President, Chris Hiatt, was recently quoted in an article by the Beverly Hills Courier titled “BHUSD Sells $160 Million in Measure BH Bonds.”  Keygent advised Beverly Hills Unified School District (the “District”) on its first general obligation bond financing from its Measure BH authorization approved by District voters on June 5, 2018.

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What Is a Current Interest Bond?

What Is a Current Interest Bond?

While there are many types of municipal bonds such as GO bonds and revenue bonds, these bonds are generally issued as either current interest bonds or capital appreciation bonds. A common misconception is that current interest bonds pay both regular interest and regular principal. This is not true. Multiple current interest bond maturities though could be structured such that principal is amortized more regularly.

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