Port of LA looking to attract investors via new purpose-built website

A new corporate-style investor website, portoflabonds.org, was publicly revealed by the Port of Los Angeles Dec. 4, containing more than 2,000 pages of data and documents that provide extensive financial information on the Southern California seaport.    The Port of Los Angeles has launched a new investor website so that it can better communicate with its invested stakeholders, including current and potential bond investors who support port infrastructure projects, institutional investors, and smaller investors, like local banks and individuals, and members of the public, according to a statement from the Southern California seaport.
   The corporate-style investor website was publicly revealed by the port Dec. 4, and contains over 2,000 pages of data and documents. The site provides insight into the credit fundamentals behind the port’s longstanding high credit rating.
   “The long-term goal of the investor platform, is to attract more investors, including retail investors, local banks and wealth managers, to the port’s bond program in order to increase distribution and diversify its investor base,” the port explained in a prepared statement.
   The investor platform, which is a free and open resource available to all, consolidates port data and documents that are of value to bond investors and rating agencies, providing access to extensive financial information.
   “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,” Port of Los Angeles Deputy Executive Director and Chief Financial Officer Marla Bleavins explained. “This site consolidates investment opportunities, financial data and other resources needed to make informed decisions.”
   The port said the new site is powered by BondLink, a Boston-based financial technology company that seeks to provide investor relations solutions to issuers in the municipal bond market.