News – Press Releases | California Infrastructure and Economic Development Bank (IBank)

IBank Announces $272 Million in Certified Green/Climate Bonds for CalSTRS

by Editorial Team | Dec 5, 2019 | News - Press Releases

SACRAMENTO (Dec. 5, 2019) – The California Infrastructure and Economic Development Bank (IBank) announced today the sale of $272,605,000 million in tax-exempt fixed rate lease revenue bonds for the benefit of the California Teachers’ Retirement System (CalSTRS). IBank will deliver the bonds to CalSTRS to fund construction of the CalSTRS’ Phase II headquarters building in the City of West Sacramento.

Board Approves Largest Bond Request in IBank History — $3.25 Billion for High-Speed Rail Project in Southern California’s San Bernardino County

by Editorial Team | Oct 23, 2019 | News - Press Releases

SACRAMENTO – The California Infrastructure and Economic Development Bank (IBank) Board approved the largest bond request in its history today. A request to issue tax-exempt fixed rate revenue bonds in the amount not to exceed $3,250,000,000 for the benefit of Desert Xpress Enterprises for an eligible high-speed rail project in the County of San Bernardino was approved at today’s Board meeting.

IBank Celebrates 25 Years of Service

by Editorial Team | Oct 15, 2019 | News - Press Releases

SACRAMENTO (Oct. 15, 2019) – Throughout the month of October, the California Infrastructure and Economic Development Bank (IBank) will be celebrating more than 25 years of focused activity that has supported infrastructure financing, job creation and retention as well as contributing to the quality of life for Californians.

IBank Awarded Highest Form of Recognition in the Area of Governmental Accounting and Financing Reporting

by Editorial Team | Aug 28, 2019 | News - Press Releases

SACRAMENTO – For the sixth time, the California Infrastructure and Economic Development Bank (IBank) Board has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA).

IBank Board to Consider Approving the Issuance of Tax-Exempt Fixed Rate Revenue Bond of $350 Million to CalSTRS

by Editorial Team | Aug 20, 2019 | News - Press Releases

The California Infrastructure and Economic Development Bank (IBank) Board will decide whether to approve the issuance of tax-exempt fixed-rate revenue bonds for the benefit of the California Teachers Retirement System (CalSTRS) on Aug. 28.