- Curtis School is selling $24.3 million of revenue bonds
- Proceeds will be used to build a new learning center
An elite private school catering to Los Angeles’ wealthiest residents is tapping the muni market as it looks to expand its campus and add to its academic offerings.
Curtis School is seeking to raise $24.3 million in revenue bonds through the California Enterprise Development Authority in a sale pricing Feb. 1. The exclusive elementary school plans to use proceeds from the sale to construct the Collaborative Learning and Innovation Center, a 21,000-square-foot, three-level learning space equipped with an engineering lab, a dedicated robotics space, science classrooms and an art studio.
The sale comes amid growing demand for admission to elite institutions from parents who want their kids to receive an exclusive education along with the social and professional network that comes with it.
Bloomberg Markets
By Maxwell Adler
January 29, 2024