Los Angeles Unified School District construction and facilities officials have requested issuing $3.4 billion of long-term debt in fiscal 2008-2009, according to Timothy S. Rosnick, director of the district’s treasury branch.

Rosnick said previously that the LAUSD planned to issue as much as $1 billion of general obligation bonds in the fall, warning that the plans were not yet finalized.

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.