Elementary school district in Arizona announces new transparency website for municipal investors
GLENDALE, AZ / ACCESSWIRE / October 19, 2022 / Washington Elementary School District (WESD), the largest elementary school district in Arizona, today announced its partnership with BondLink to develop a new, free investor transparency initiative and website, WESDbonds.com, that will inform and attract potential institutional investors to its upcoming bond sales in 2023.
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BondLink, the cloud-based investor relations and debt management platform for the municipal bond market, helps issuers like WESD provide a single location for accessing the data and documents that detail the credit features of their school financing program.
This will empower WESD to more favorably issue bonds that finance critical school improvements like building upgrades, technology enhancements, transportation needs and more. BondLink collaborates with other school districts across the U.S., including the Harris County Department of Education, Fort Worth Independent School District, and The International Leadership of Texas.
"We're looking forward to launching our new investor relations initiative with BondLink and providing even more transparency than ever via documentation to our institutional investors," said Daniel O'Brien, executive director of business services at WESD. "Our partnership will allow us to engage investors and provide more opportunities to give back to students' education."
WESD has a long list of accolades to be proud of, including being named one of New York Times' Top 20 school districts in the country for student growth. WESD currently operates 33 schools that educate over 20,000 students.
"At BondLink, we're passionate about helping schools across the country have equal access to markets and investment opportunities as some of the most highly rated and visible issuers in the country," said Colin MacNaught, CEO and co-founder of BondLink. "Through this partnership, we plan to collaborate WESD's finance team to bring efficiencies to help make sure their future bond sales are successful, so every dollar can be directed back to the school district and help students with their education."
For more information about the Washington Elementary School District's new transparency initiative and upcoming bond sales, please visit WESDbonds.com.
About Washington Elementary School District
Washington Elementary School District (WESD) is proud to serve a diverse population in north central Phoenix and east Glendale. The largest elementary school district in Arizona, WESD is comprised of 32 schools (19 K-6 schools, one K-5 school, seven K-8 schools and five middle/junior high schools). Their schools and staff have earned countless accolades, including being named a 2020 Exemplary High Performing National Blue Ribbon School by the U.S. Department of Education, an A+++ School of Excellence and a National Title I Distinguished School, an A+ School of Excellence by the Arizona Educational Foundation, and many more. To learn more, visit wesdschools.org.
About BondLink
BondLink, a cloud-based investor relations and debt management platform for the municipal bond market, helps issuers engage more bond investors through transparency and actionable insights. Founded by CEO Colin MacNaught, who spent seven years issuing nearly $25 billion in bonds on behalf of the Commonwealth of Massachusetts, and CTO Carl Query, BondLink went live in 2016. BondLink clients issued more than $50 billion in bonds in 2021. BondLink provides its issuer clients with tools to manage their capital financing programs more efficiently while providing investors with the interim financial reports and data they need to close information gaps and make informed decisions through a single platform. The company is backed by top investors within the municipal bond market, including Intercontinental Exchange and Franklin Templeton. Headquartered in Boston, BondLink was recently named to the 2022 GovTech 100, marking its fourth consecutive appearance on the annual list. For more information, visit www.bondlink.com, and connect on LinkedIn and Twitter.
WESD Contact Information:
Daniel O'Brien
Executive Director of Business Services
[email protected]
BondLink Contact Information:
Maddie Hirsch
[email protected]
SOURCE: BondLink