About Metro General Revenue Bonds
General Revenue bonds were issued to generate financing for the acquisition, construction and major rehabilitation of capital assets. Metro issued General Revenue Bonds to finance the cost of a new 26-story headquarters building for Metro, including the parking and related improvements. Refunding bonds were issued subsequent to the original issue to achieve debt service savings. The current bonds outstanding are the Series 2010 bonds and the Series 2015 bonds.
On behalf of the Los Angeles County Metropolitan Transportation Authority (Metro), I would like to welcome you to our new investor relations website. We appreciate your interest and investment in bonds issued by the Authority, as it allows us to make critical investments in public infrastructure throughout Los Angeles. We are committed to maintaining our strong bond ratings, and we are also committed to being as transparent as possible with the investor community and public at large.
I hope you find this website useful as you seek to better understand the credit fundamentals of Metro. Please do not hesitate to contact our office with suggestions for how we can be doing better. Thanks again for your interest in our bond program.