S&P 500 & Equities·Bloomberg Markets· 5h ago

LA Utility Taps Muni Market as Buyers Weigh Wildfire Legal Risk

The Big Market Report Take

Los Angeles’ water and power utility is tapping the municipal bond market with its first offering since a judge ruled last month that the utility must face hundreds of lawsuits faulting its response to the devastating 2025 Palisades Fire.

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