Bond Financing Profile: Segerstrom Center for the Arts

Segerstrom Center for the Arts

 

LOCATION: Costa Mesa, CA

 

AMOUNT ISSUED: $78,000,000 – 501(c)(3) Bond

 

DATE ISSUED: November 28, 2017

 

ABOUT: Segerstrom Center for the Arts in Costa Mesa is a 2000-seat multi-purpose theater. Its purpose is to promote an appreciation of art, music, dance and theater for residents of Southern California. Proceeds will refund a previous IBank bond issuance, establish a debt service reserve and pay other expenses related to the issuance of the bonds.