JOURNAL ARTICLE

Milken-Backed Private School Taps Muni Market for New Campus.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Hudson, Erin 3 of 3

Abstract

The article focuses on Milken Community School, a Los Angeles private Jewish day school affiliated with the Milken Family Foundation, which plans to issue $63 million in municipal bonds to finance a campus expansion. The funds will refinance debt from a 2024 purchase of a 22-acre site and support new facilities such as an innovation lab and specialized classrooms, aiming to increase enrollment from 814 to about 900 students. The bonds received a BBB+ rating from S&P Global Ratings, citing the school’s growing enrollment, strong fundraising history, and experienced board. The school has raised $110 million toward a $135 million capital campaign, with total campus expansion costs estimated at $92 million. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2026
  • Accession Number:192318192
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