SAN FRANCISCO — Billionaire Eli Broad's new contemporary art museum in Los Angeles will sell $150 million of bonds this week to help get it off the ground.

The Broad Collection, which oversees the museum, will sell the revenue bonds to finance and build the Broad Art Foundation museum in the city's evolving downtown cultural center.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.