LOS ANGELES — California charter school chain Magnolia Public Schools will rekindle its growth plans after settling a lawsuit against the Los Angeles Unified School District, which had tried to shut down Magnolia's schools there.

The charter operator, which has $6 million in debt, is now working closely with underwriter RBC Capital Markets for a market return to price bonds to support its plans, said Caprice Young, the education turnaround expert Magnolia hired as chief executive officer in January.

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