Friday, December 29, 2017

New Port of LA Stakeholder Website

By Karen Robes Meeks

The Port of Los Angeles recently launched a new website aimed at bond investors and other stakeholders who support port projects.

The new “corporate-style investor platform,” portoflabonds.org, features more than 2,000 pages of information behind the port’s ‘AA/Aa2/AA’ rating, according to the port.

“This new tool is designed to make it easier for those interested in Port of Los Angeles bond opportunities to quickly access information about our nation’s busiest container port,” said Marla Bleavins, Deputy Executive Director and Chief Financial Officer of the Port of Los Angeles. “This site consolidates investment opportunities, financial data, and other resources needed to make informed decisions.”

Boston-based BondLink is powering the site, which is free and open to the public.

“We’re very proud to work with the Port of Los Angeles to increase its disclosure and transparency to the bond market,” said BondLink CEO and co-founder Colin MacNaught. “Disclosure and efficiency attracts investors, particularly individual investors in the Los Angeles region who may want to invest locally.”