Musick Peeler Attorneys Assist in $12 million School Bond Sale
Partner Brian Holman led the firm s efforts on behalf of iLEAD Lancaster
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LOS ANGELES, May 10, 2021 /PRNewswire/ iLEAD Lancaster Public Charter School has secured the long-term use of its charter school facilities through the issuance of $12 million in social bonds for the benefit of the school with the assistance of Musick Peeler.
The California School Finance Authority issued social bonds on behalf of iLead Lancaster Holdings LLC., which used the bond proceeds to finance the acquisition of the school s approximately 37,113-square-foot facility and 4.15 acres of adjacent land. ILead Lancaster Holdings LLC concurrently leased the property to the school under a 40-year lease. Brian L. Holman, a Partner in Musick Peeler s Los Angeles office who led the negotiations for the school, said the new lease provides the school with long-term facilities stability and